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Spamela Hamderson Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. (280,000) 300,000 Year 2018 2019 2020 2021

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Spamela Hamderson Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. (280,000) 300,000 Year 2018 2019 2020 2021 Pretax Income (Loss) $120,000 90,000 Tax Rate The tax rates listed were all enacted by the beginning of 2018.

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