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Problem 4-232 [LO 4-2] All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2018, with the exception

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Problem 4-232 [LO 4-2] All of the accounts of the Grass is Greener Company have been adjusted as of December 31, 2018, with the exception of income taxes incurred but not yet recorded. Those account balances appear below. All have normal balances. The estimated Income tax rate for the company is 30% Cash Accounts Receivable Interest Receivable Prepaid Insurance Prepaid Rent Supplies Equipment Accumulated Depreciation Accounts Payable Deferred Revenue Income Tax Payable Salaries and Wages Payable Notes Payable (long-ters) Long-Term Debt Common Stock Retained Earnings Dividends Service Revenue Interest Revenue Supplies Expense Repairs and Maintenance Expense Depreciation Expense Rent Expense Income Tax Expense $360, 340 771,950 4,750 7,250 12,100 221,400 681, see 136,1ee 290, 700 88,180 @ 26,100 365,000 238,600 391, dee 214,600 21,80 931,000 123,100 255,16 59,550 31,400 Unknown Required: a. Calculate the income before income tax Required: a. Calculate the income before income tax b. Calculate the income tax expense. c. Calculate the net income. Income Before Income Tax Income Tax Expense Net Income

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