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Frost Corporation Reported Pretax Book Income of $3,080,000

Question 83

Essay

Frost Corporation reported pretax book income of $3,080,000. Included in the computation were favorable temporary differences of $216,000, unfavorable temporary differences of $358,000, and unfavorable permanent differences of $50,800. Compute Frost's deferred income tax expense or benefit.

Correct Answer:

verifed

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${{[a(6)]:#,###}} deferred inc...

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