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Right anwser is D Trey Inc reports a taxable loss of exist140,000 for 2018 Its taxable incomes for the years 2015 through 2017 f respectively

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Trey Inc reports a taxable loss of exist140,000 for 2018 Its taxable incomes for the years 2015 through 2017 f respectively were exist25,000 exist35 000. and exist40,000 Trey has no temporary or permanent differences, Trey the carryback provision Taxable income in future years is not more likely than not. and the tax rete is 30% for periods affected What should Trey report as Net Loss on its 2018 income statement? a) exist98 000 b) exist120 500 c) exist140000 d) exist117, 500 e) exist110 000

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