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Question 20 (2 points) Eastlawn Inc's taxable income is computed as follows: Book income before tax $2,400,000 Net permanent differences 500,000 Net temporary differences (200,000)

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Question 20 (2 points) Eastlawn Inc's taxable income is computed as follows: Book income before tax $2,400,000 Net permanent differences 500,000 Net temporary differences (200,000) Taxable income $2,700,000 Using a 21% rate, what are the amounts of Eastlawn's tax expense per books and tax payable? Tax expense per books of $504,000, and tax payable of $462,000. Tax expense per books of $504,000, and tax payable of $567,000. Tax expense per books of $609,000, and tax payable of $567,000. Tax expense per books of $609,000, and tax payable of $462,000

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