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Ivanhoe Corporation began operations in 2016. There have been no permanent or temporary differences to account for since the inception of the business. The following
Ivanhoe Corporation began operations in 2016. There have been no permanent or temporary differences to account for since the inception of the business. The following data are available Ratble Incoms Tase Paid 51500000 5675000 760000 In 2018. Ivanhoe had an operating loss of $1980000. What amount of income tax benefits should be reportad on tha 2018 income statement due to this loss assuming that it uses the carryback provision? $751000 $792000 $594000 $867000
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