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The following facts relate to Blossom Corporation. 1. Deferred tax liability, January 1, 2025, $33,600. 2. Deferred tax asset, January 1, 2025, $11,200. 3.

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The following facts relate to Blossom Corporation. 1. Deferred tax liability, January 1, 2025, $33,600. 2. Deferred tax asset, January 1, 2025, $11,200. 3. Taxable income for 2025, $117,600. 4. Cumulative temporary difference at December 31, 2025, giving rise to future taxable amounts, $257,600. 5. Cumulative temporary difference at December 31, 2025, giving rise to future deductible amounts, $106,400. 6. Tax rate for all years, 20%. No permanent differences exist. 7. The company is expected to operate profitably in the future. (a) Compute the amount of pretax financial income for 2025. Pretax financial income +A $

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