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Questions Crane Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2021 $1200000 Tax exempt interest (138000) Originating temporary

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Questions Crane Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2021 $1200000 Tax exempt interest (138000) Originating temporary difference (326000) Taxable income $736000 The temporary difference will reverse evenly over the next 2 years at an enacted tax rate of 30%. The enacted tax rate for 2021 is 25%. In Crane's 2021 income statement, what amount should be reported for total income tax expense? $341400 O $300000 $184000 ty $281800

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