Mathematics
Mathematics, 11.10.2019 17:30, aliyahaliyah54

Parker co.’s 2018 income statement reported $48,077 in income before provisions for income taxes. to compute the provision for federal income taxes, the following 2018 data are provided:

life insurance premiums that are not deductible for income tax purposes $6,432

income from exempt municipal bonds $13,097

depreciation deducted for income tax purposes $14,351

depreciation deducted for financial reporting $17,495

the tax rate is 30%

what amount should parker report as income tax expense?

answer
Answers: 3

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