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Question 8 Pharoah Corporation had income before income taxes of $179,100 in 2020. Pharoah's current income tax expense is $49,400, and deferred income tax expense
Question 8
Pharoah Corporation had income before income taxes of $179,100 in 2020. Pharoah's current income tax expense is $49,400, and deferred income tax expense is $27,300. Prepare Pharoah's 2020 income statement, beginning with "Income before income taxes". (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Pharoah Corporation Income Statement (Partial) $ $ $
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