Question 12 Sunland Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2018 Tax exempt interest Originating temporary difference Taxable income $3000000 (156000) (462000) $2382000 The temporary difference will reverse evenly over the next 2 years at an enacted tax rate of 40%. The enacted tax rate for 201 income statement as the current portion of its provision for income taxes? 8 is 28%, what amount should be reported in its 2018 $666960 O $952800 $840000 $1200000 Click if you would like to Show Work for this question: Open Show Work