$!$

Required information

$[$The following information applies to the questions displayed below.$]$

JDog Corporation owns stock in Oscar Incorporated valued at $$2,000,000$ at the beginning of the year and $$2,200,000$ at yearend. JDog received a $$10,000$ dividend from Oscar Incorporated. What temporary book$-$tax differences associated with its ownership in Oscar stock will JDog report for the year in the following alternative scenarios $($income difference only$-$ignore the dividendsreceived deduction$)?$

Note: Leave no answer blank. Enter zero if applicable.

b$.$ JDog owns $40$ percent of the Oscar Incorporated stock. Oscar's income for the year was $$500,000.$

Book$-$tax difference

$!$

Required information

$[$The following information applies to the questions displayed below.$]$

JDog Corporation owns stock in Oscar Incorporated valued at $$2,000,000$ at the beginning of the year and $$2,200,000$ at yearend. JDog received a $$10,000$ dividend from Oscar Incorporated. What temporary book$-$tax differences associated with its ownership in Oscar stock will JDog report for the year in the following alternative scenarios $($income difference only$-$ignore the dividendsreceived deduction$)?$

Note: Leave no answer blank. Enter zero if applicable.

b$.$ JDog owns $40$ percent of the Oscar Incorporated stock. Oscar's income for the year was $$500,000.$

Answer is complete but not entirely correct.

Book$-$tax difference

$

$0$