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Given the following for the XYZ Company: Future income was not more likely than not. 2023 Net Income is: Select one: a.$0 b.$12,000 c.$2,400 d.$9,600

Given the following for the XYZ Company: image text in transcribed Future income was not "more likely than not." 2023 Net Income is:

Select one:

a.$0

b.$12,000

c.$2,400

d.$9,600

e.$9,000

Year 2020 2021 2022 2023 Pre-Tax Net Income (Loss) $10,000 2,000 (15,000) 12,000 Tax Rate 20% 20% 20% 20%

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