In 2025, Blue Corporation had pretax financial income of $163,000 and taxable income of $114,000....
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In Blue Corporation had pretax financial income of $ and taxable income of $ The difference is due to the use of different depreciation methods for tax and accounting purposes. The effective tax rate is Compute the amount to be reported as income taxes payable at December Income taxes payable at December 
In Blue Corporation had pretax financial income of $ and taxable income of $ The difference is due to the use of different depreciation methods for tax and accounting purposes. The effective tax rate is
Compute the amount to be reported as income taxes payable at December
Income taxes payable at December
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