Marlin Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased by $25,000. In addition, book depreciation exceeded tax depreciation by $100,000. Finally, Marlin subtracted a dividends received deduction of $15,000 in computing its current-year taxable income. Marlin's current income tax expense or benefit would be:a. $236,250 tack expense
b. $233,100 tax expense
c. $210,000 tax expense
d. $205,800 tax wxpense

b. $233,100 tax expense

Explanation:

The computation of the current income tax expense or benefit is shown below:

But before that first we have to need to find out the taxable income i.e

= Pretak book income  + increase in net reserve warranties + exceeded amount - dividend deduction

= $1,000,000 + $25,000 + $100,000 - $15,000

= $1,110,000

Now to find out the current income tax expense since the tax rate is not given so we assume the marginal tax rate i.e 21%

So,

= $1,110,000 ×21%

= $233,100

By multiplying the taxable income with the tax rate we can get the income tax expense

being suspected of supplying drugs means you are much more likely to be charged. the amount of drugs found on you, and whether you have a criminal record, will be taken into account when a punishment is being decided.

decisions to prosecute are taken by the public prosecution service. the maximum sentences for intent to supply drugs are:

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