Mathis Co. reports pretax financial income of $1,200,00 for the year ending 2017. its first year of operations. Mathis served itipation expense of $3,000,000 in 2017 tha will be deductible in 2019 when its expected to be paid Gross profit from installment sales of $2,400,000 was recognized in 2017 but it will not be taxable until 2018 and 2019. The income tax rate is 30% for all years. Taxable income for 2017 is (4,200,000). $1,800,000 $6,600,000 $600,000 Ning