Sandhill Company reports pretax financial income of $72,000 for 2025. The following items cause taxable...
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Sandhill Company reports pretax financial income of $ for The following items cause taxable income to be different than pretax financial income. Depreciation on the tax return is greater than depreciation on the income statement by $ Rent collected on the tax return is greater than rent recognized on the income statement by $ Fines for pollution appear as an expense of $ on the income statement. Sandhill's tax rate is for all years, and the company expects to report taxable income in all future years. There are no deferred taxes at the beginning of a b c Prepare the income tax expense section of the income statement for beginning with the line "Income before income taxes." Enter negative amounts using either a negative sign preceding the number eg or parentheses eg SANDHILL COMPANY Income Statement Partial 
Sandhill Company reports pretax financial income of $ for The following items cause taxable income to be different than pretax financial income.
Depreciation on the tax return is greater than depreciation on the income statement by $
Rent collected on the tax return is greater than rent recognized on the income statement by $
Fines for pollution appear as an expense of $ on the income statement.
Sandhill's tax rate is for all years, and the company expects to report taxable income in all future years. There are no deferred taxes at the beginning of
a
b
c
Prepare the income tax expense section of the income statement for beginning with the line "Income before income taxes."
Enter negative amounts using either a negative sign preceding the number eg or parentheses eg
SANDHILL COMPANY Income Statement Partial
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