Information for Kent Corp. for the year 2018: Reconciliation of pretax accounting income and taxable income:
Cumulative future taxable amounts all from depreciation temporary differences:
The enacted tax rate was 30% for 2017 and thereafter.
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What would Kent's income tax expense be in the year 2018?
A) $42,300.
B) $45,900.
C) $49,500.
D) None of these answer choices are correct.
Correct Answer:
Verified
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