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Packard Corporation reported pretax book income of $500.000 Included in the computation were favorable temporary differences of $10,000 unfavorable temporary differences of $100,000, and unfavorable
Packard Corporation reported pretax book income of $500.000 Included in the computation were favorable temporary differences of $10,000 unfavorable temporary differences of $100,000, and unfavorable permanent differences of $80,000. The corporation's current Income tax expense or benete would be Multiple Choice $12.000 tax expense. S105.000 tax benett $140.700 tax expense $123.600 tax benefit
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