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in 2016, Bodily Corporation reported $280,000 pretax accounting income. The income tax rate for that year was 27%. Bodily had an unused $112,000 net operating
in 2016, Bodily Corporation reported $280,000 pretax accounting income. The income tax rate for that year was 27%. Bodily had an unused $112,000 net operating loss carry forward from 2014 when the tax rate was 31%. Bodily's income tax payable for 2016 would be $78,100 $45,360 $52,080 $48,410
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