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Business, 13.11.2021 23:00 johnthevarietyboy200

Lobo's enacted tax rate for the current and future years is 30%. Lobo has paid income taxes of $170,000 for the three-year period ended December 31, Year 1. There were no temporary differences in prior years. The deferred tax benefit to be applied against current income tax expense is

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Lobo's enacted tax rate for the current and future years is 30%. Lobo has paid income taxes of $170,...
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