Business
Business, 12.03.2022 20:20, Maddi1144

In 2021, Bodily Corporation reported $270,000 pretax accounting income. The income tax rate for that year was 25%. Bodily had an unused $114,000 net operating loss carryforward from 2019 when the tax rate was 30%. Bodily's income tax payable for 2021 would be:

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In 2021, Bodily Corporation reported $270,000 pretax accounting income. The income tax rate for that...

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