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Wildhorse Industries has the following account balances: Retained earnings $74500 Revenue $360000 Operating Expenses $300000 Interest Expense $19100 Assume an income tax rate of 20%.

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Wildhorse Industries has the following account balances: Retained earnings $74500 Revenue $360000 Operating Expenses $300000 Interest Expense $19100 Assume an income tax rate of 20%. What is the amount of income tax expense to be reported on the corporate income statement? O $12000 O $8180 $14900 O $72000 Attempts: 0 of 1 used Submit Answer Save for Later

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