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Nash Inc. has a deferred tax liability of $55,760 at the beginning of 2026. At the end of 2026 , it reports accounts receivable on
Nash Inc. has a deferred tax liability of $55,760 at the beginning of 2026. At the end of 2026 , it reports accounts receivable on the books at $73,800 and the tax basis at zero (its only temporary difference). If the enacted tax rate is 17% for all periods, and income taxes payable for the period is $188,600, determine the amount of total income tax expense to report for 2026. Income tax expense
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