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  3. provincial incorporated reported the following bef

Provincial Incorporated reported the following before-tax income statement items: Operating income $ 560,000 Nonoperating losses...

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Accounting

Provincial Incorporated reported the following before-tax income statement items: Operating income $ 560,000 Nonoperating losses (88,000) Provincial has a 25% income tax rate. Provincial would report income tax expense as a separately stated line item in the income statement in the amount of

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