Oriole Co. at the end of 2017, its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows Pretax financial income Estimated litigation expense Extra depreciation for taxes Taxable income $2505000 3505000 (5514000) $496000 The estimated litigation expense of $3505000 will be deductible in 2018 when it is expected to be paid. Use of the depreciable assets will result in taxable amounts of $1838000 in each of the next 3 years. The income tax rate is 40% for all years.

The deferred tax asset to be recognized is :

a. $198400

b. $735200.

c. $1002000

d. $1402000

answerit is the safest endorsement for business;

match the scenarios with terms related to financial aid.

pell grant

student loan

merit-based scholarship

richard is one of the leading college basketball players in the state of florida. he also maintains a good academic record. looking at his talent and potential, furman university offers to bear the expenses for his college education.

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anita wants to pursue a certificate program in sports nutrition. to pay for the course, she borrows money by filing the fafsa.

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nathan comes from a low-income household. he wants to pursue an undergraduate degree in marketing. he receives financial aid covering 50 percent of his college expenses. nathan does not have to pay back this amount.

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