JiangCo constructs the following table in determining how to apply ASC 740-10 to its filing position for a transfer pricing issue.Its book-tax provision for the year, including $3 million for the uncertain transfer pricing issue, is $10 million. Under ASC 740-10, JiangCo's book income tax expense for this item is:

Question

JiangCo constructs the following table in determining how to apply ASC 740-10 to its filing position for a transfer pricing issue.Its book-tax provision for the year, including $3 million for the uncertain transfer pricing issue, is $10 million.  Under ASC 740-10, JiangCo's book income tax expense for this item is:

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The Answer of JiangCo constructs the following table in determining how to apply ASC 740-10 to its filing position for a transfer pricing issue.Its book-tax provision for the year, including $3 million for the uncertain transfer pricing issue, is $10 million.  Under ASC 740-10, JiangCo's book income tax expense for this item is:

JiangCo Constructs the Following Table in Determining How to Apply