In 2014,Ryan Corporation reported $85,000 net income before income taxes.The income tax rate for 2014 was 30 percent.Ryan had an unused $65,000 net operating loss carryforward arising in 2013 when the tax rate was 35 percent.The income tax expense Ryan would report for 2014 would be

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The Answer of In 2014,Ryan Corporation reported $85,000 net income before income taxes.The income tax rate for 2014 was 30 percent.Ryan had an unused $65,000 net operating loss carryforward arising in 2013 when the tax rate was 35 percent.The income tax expense Ryan would report for 2014 would be

In 2014,Ryan Corporation Reported $85,000 Net Income Before Income Taxes