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Sandhill Co. at the end of 2021 , its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows:
Sandhill Co. at the end of 2021 , its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows: Estimated warranty expense of $750,000 will be deductible in 2022,$400,000 in 2023 , and $150,000 in 2024 . The use of the depreciable assets will result in taxable amounts of $560,000 in each of the next three years. (a) Prepare a table of future taxable and deductible amounts. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) List of Accounts Attempts: 0 of 1 used
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