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Information for Kent Corp. for the year 2018: Reconciliation of pretax accounting income and taxable income: Pretax accounting income $189,000 Permanent differences (15,100) 173,900 Temporary
Information for Kent Corp. for the year 2018: Reconciliation of pretax accounting income and taxable income: Pretax accounting income $189,000 Permanent differences (15,100) 173,900 Temporary difference-depreciation (11,900) $162,000 Taxable income Cumulative future taxable amounts all from depreciation ten ry differences: $13,800 As of December 31, 2017 $25,700 As of December 31, 2018 The enacted tax rate was 35% for 2017 and thereafter. What would Kent's income tax expense be in the year 2018? Multiple Choice None of these answer choices are correct $60,865 $62,865. Next> 60 of 76 Prev
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