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JDW Corporation reported the following for 201; net sales $2,929,500; cost of goods sold $1.786,995, selling and administrative expenses $585,900, unrealized holding loss on avallable-forsale

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JDW Corporation reported the following for 201; net sales $2,929,500; cost of goods sold $1.786,995, selling and administrative expenses $585,900, unrealized holding loss on avallable-forsale securities (considered other comprehensive income) \$22.000, a positive foreign currency translation adjustment $26,250 (considered other comprehensive income); and an unrealized loss from pension adjustment (considered other comprehensive income) $7,000. JDW's tax rate was 21%. Ignore income taxes related to amounts in other comprehensive income. - What is the amount of income tax expense that should be included on the income statement in year 20x1

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