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Please help! I dont understand how to get the income tax, thank you in advance !! The following information was taken from the records of
Please help! I dont understand how to get the income tax, thank you in advance !!
The following information was taken from the records of Tamarisk Inc. for the year 2025: Income tax applicable to income from continuing operations $229,840; income tax applicable to loss on discontinued operations $34,000; income tax applicable to unusual gain $44,200; income tax applicable to unusual loss $28,900; and unrealized holding gain on available-for-sale securities, net of taxes, $20,000. Shares outstanding during 2025 were 100,000Step by Step Solution
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