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Business, 19.07.2019 23:10 128585

Information for kent corp. for the year 2018: reconciliation of pretax accounting income and taxable income: pretax accounting income $ 176,000 permanent differences (14,700 ) 161,300 temporary difference-depreciation (12,300 ) taxable income $ 149,000 cumulative future taxable amounts all from depreciation temporary differences: as of december 31, 2017 $ 12,100 as of december 31, 2018 $ 24,400 the enacted tax rate was 37% for 2017 and thereafter. what would kent's income tax expense be in the year 2018?

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