Business, 20.09.2020 14:01 lilisncz

Provincial Inc. reported the following before-tax income statement items: Operating income $580,000
Non-operating losses (89,000 )
Provincial has a 25% income tax rate. Provincial would report the following amount of income tax expense as a separately stated line item in the income statement:

a. $129,500.
b. $20,500.
c. $14,250.
d. $143,750.

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Provincial Inc. reported the following before-tax income statement items: Operating income $580,000...

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