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T 23)-Greene Corp.'s-2021-income statement showed pretax accounting income-of- $2,000,000. To compute-the-federal income tax liability, the following-2021-data-are provided: Income from exempt municipal bonds $ 100,0000 Depreciation

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T 23)-Greene Corp.'s-2021-income statement showed pretax accounting income-of- $2,000,000. To compute-the-federal income tax liability, the following-2021-data-are provided: Income from exempt municipal bonds $ 100,0000 Depreciation deducted for tax purposes in excess of depreciation deducted for financial statement purposes 200,0009 Enacted corporate income tax rate 30% Compute the current tax payable for the year

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