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oved Help Save & Exit Provincial Inc. reported the following before-tax income statement items: Operating income Nonoperating losses $ 590,000 (100,000) Provincial has a 25%

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oved Help Save & Exit Provincial Inc. reported the following before-tax income statement items: Operating income Nonoperating losses $ 590,000 (100,000) Provincial has a 25% income tax rate. Provincial would report the following amount of income tax expense as a separately stated line item in the income statement: Multiple Choice $122,500. $134.000 O $122,500. 4 O $134,000. $25,000. O $11,500

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