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Expanded Academi... Links to get your ite... Links to get your ite... Free Thesis Stateme.. Problem 3-17 (Algorithmic) (LO. 1, 3) In 2020, Mini reports

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Expanded Academi... Links to get your ite... Links to get your ite... Free Thesis Stateme.. Problem 3-17 (Algorithmic) (LO. 1, 3) In 2020, Mini reports $1,881,600 of pretax book net income. Mini did not recognize any bad debt expense for book purposes in 2020 but did deduct $119,400 in bad debt expense for tax purposes. Mini reports no other temporary or permanent differences. The applicable U.S. Federal corporate income tax rate is 21%, and Mini earns an after-tax rate of return on capital of 8%. If required, round your answer to nearest dollar. For 2020, compute Mini's compute Mini's current income tax expense

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