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The Bomber Company had the following operating results: Year Income (Loss) Tax Rate 2020 30,000 35% (first year of operations) 2021 (60,000) 30% 2022 45,000
The Bomber Company had the following operating results: Year Income (Loss) Tax Rate 2020 30,000 35% (first year of operations) 2021 (60,000) 30% 2022 45,000 30% At 12/31/22, what is the amount recorded for income tax payable? A. $2,700 B. $13,500 O C. $18,000 D. $0
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