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Exercise 19-10 (Part Level Submission) The following facts relate to Bramble Corporation. 1. Deferred tax...

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Exercise 19-10 (Part Level Submission) The following facts relate to Bramble Corporation. 1. Deferred tax liability, January 1, 2017, $66,000 2. Deferred tax asset, January 1, 2017, $22,000. 3. Tasable income for aference at December 31, 2017 0ductible amounts 4. Cumulative temporary difference at December 31, 2017, giving rise to future taxable amounts, $253,000 5. Cumulative temporary difference at December 31, 2017, giving rise to future deductible amounts, $104,500. 6. Tax rate for all years, 40%. No permanent differences exist. 7. The company is expected to operate profitably in the future. Compute the amount of pretax financial income for 2017 Pretax financial income

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