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View Policies Current Attempt in Progress Wildhorse Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2021 Tax exempt

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View Policies Current Attempt in Progress Wildhorse Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2021 Tax exempt interest Originating temporary difference Taxable income $1650000 (147000) (344000) $1159000 The temporary difference will reverse evenly over the next 2 years at an enacted tax rate of 30%. The enacted tax rate for 2021 is 2596 In Wildhorse's 2021 income statement, what amount should be reported for total income tax expense? $392950 $289750 $456600 S412500 Attempts: 0 of I used Submit Answer w

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