Marlin Corporation reported pretax book income of $1,001,000. During the current year, the net reserve for warranties increased by $25,200. In addition, book depreciation exceeded tax depreciation by $100,100. Finally, Marlin subtracted a dividends received deduction of $15,100 in computing its current year taxable income. Marlin's current income tax expense or benefit would be:

$233,352

Explanation:

Calculation to determine what Marlin's current income tax expense or benefit would be:.

Marlin's current income tax expense =[($1,001,000 + $25,200 + $100,100 − $15,100)*21%]

Marlin's current income tax expense= $1,111,200 × 21%

Marlin's current income tax expense=$233,352

Therefore Marlin's current income tax expense or benefit would be:$233,352

step 1: create a plan

step 2: inventory facility equipment/assets

step 3: create preventive maintenance procedures

step 4: create preventive maintenance schedules

step 5: train your maintenanceteam

step 6: analyze – adjust - improve

or

step 1 – pm procedure design: doing the effective things

step 2 – pm procedure scheduling: efficient use of people and resources

step 3 – pm lubrication engineering

step 4 – pm training: back on the chain gang

step 5 – pm program management plan

step 6 – communicate, communicate, communicate

answer is a

explanation: