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Business, 23.06.2020 19:01 LillianMRucker

Freda's Florist reported the following before-tax income statement items for the year ended December 31, 2016: Operating income $260,000 Income on discontinued operations $51,000 All income statement items are subject to a 30% income tax rate. In its 2016 income statement, Freda's separately stated income tax expense and total income tax expense would be:

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Freda's Florist reported the following before-tax income statement items for the year ended December...
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