Your firm has been engaged to prepare the tax return for a brand new client, Spangler Renovations, a small "C" corporation. Spangler has been in business for over two decades and is not a publically traded corporation. In addition, Spangler does NOT use GAAP standards for financial reporting since it is under no obligation to use GAAP. You receive the financial statements and trial balance for Spangler. You notice that the financial income statement is missing both federal and state Income tax expense. Assuming no mistakes have occurred to the financial statements (the missing federal and state Income expenses are not a mistake) which of the following would be a true statement? Multiple Choice Determining the book/tax difference for federal income tax expense just became more difficult since a estimated amount must now be determined O Determining the bookirax difference for state income tax expense just became more dificult since a estimated amount must now be determined Determining both the book tox difference for federal and state income tax expense just become more difficult since a estimated amount must now be determined None of the above