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help ASAP Astrez Corporation reported the following taxable income and pre-tax financial income for its first four years of operations: 2018 2019 $70,000 $60,000 ($300,000)

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Astrez Corporation reported the following taxable income and pre-tax financial income for its first four years of operations: 2018 2019 $70,000 $60,000 ($300,000) $100,000 2020 2021 Assume a known corporate tax rate of 25% for all years. If Astrez is a farm, prepare the journal entries to record tax effects for 2020 and for 2021

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