Full Screen Hide navigation Multiple Choice Question 65 Sandhill Corporation prepared the following...
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Full Screen Hide navigation Multiple Choice Question 65 Sandhill Corporation prepared the following reconciliation for its first year of operations Pretax financial income for 2018 Tax exempt interest Originating temporary difference Taxable incom (158000) (466000) $2476000 The temporary difference will reverse evenly over the next 2 years at an enacted tax rate of 40%. The enacted tax rate for 2018 is 28%. what amount should be reported in its 2018 income statement as the current portion of its provision for income taxes? $990400 O $693280 $1240000 O $868000 Click if you would like to Show Work for this question: Open Show Work
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