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had nondeductible book expenses of $10,000 related to permanent differences. Sweeney's tax rate for 2024 was 40%, and the enacted rate for years after 2024
had nondeductible book expenses of $10,000 related to permanent differences. Sweeney's tax rate for 2024 was 40%, and the enacted rate for years after 2024 is 35%. In its 2024 income statement, what amount of should Sweeney report for Income Tax Expense?
Select one:
a.
$84,000
b.
$92,000
c.
$91,000
d.
$100,000
e.
$94,500
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