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The Snella Company reports 2015 Pre-tax Net Income of $10,000. The following items exist: The tax rate is 20%. Indicate the amounts for 2015 Income
The Snella Company reports 2015 Pre-tax Net Income of $10,000. The following items exist:
The tax rate is 20%. Indicate the amounts for 2015 Income Tax Expense and 12/31/15 Income Tax Payable, respectively:
Select one:
a.$2,016, $1,986
b.$1,984, $1,954
c.$1,984, $2,014
d.$2,040, $1,986
e.$2,016, $2,046
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