Costello Corporation reported pretax book income of $500,400. During the current year, the reserve for bad debts increased by $5,800. In addition, tax depreciation exceeded book depreciation by $40,400. Finally, Costello received $3,200 of tax-exempt life insurance proceeds from the death of one of its officers. Costello's deferred income tax expense or benefit would be

$7,266 net deferred tax expense.

Explanation:

Calculation to determine what deferred income tax expense or benefit would be

Using this formula

Deferred income tax expense=[(Tax depreciation exceeded book depreciation-Increase in reserve for bad debts)* Tax rate ]

Let plug in the formula

Deferred income tax expense=[($40,400-$5,800)*21%]

Deferred income tax expense=34,600*21%

Deferred income tax expense=$7,266

Therefore the deferred income tax expense or benefit would be $7,266

i believe it’s b because the rest don’t make sense

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.