Business, 28.11.2020 02:50, hannahbaak

List Corporation reported pretax accounting income of $90,000, but due to temporary differences, taxable income is only $50,000. Assuming a tax rate of 40%, the income statement should report net income of: a) $20,000
b) $36,000
c) $54,000
d) $16,000

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List Corporation reported pretax accounting income of $90,000, but due to temporary differences, tax...