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need help Blossom Company had a 40 percent tax rate Given the following pre-tax amounts, what would be the income tax expense reported on the
need help
Blossom Company had a 40 percent tax rate Given the following pre-tax amounts, what would be the income tax expense reported on the face of the income statement? Sales revenue Cost of goods sold Salaries and wages expense Depreciation expense Dividend revenue $ 1090000 613000 78900 100000 88100 Utilities expense 10800 Discontinued operations loss 100000 Interest expense 21600 613000 78900 100000 Cost of goods sold Salaries and wages expense Depreciation expense Dividend revenue Utilities expense Discontinued operations loss Interest expense 88100 10800 100000 21600 o $101520 O $141520 $66280 O $106280 Step by Step Solution
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