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Show your work Determining current and deferred portion of tax expense and reconciling statutory...

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Accounting

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Determining current and deferred portion of tax expense and reconciling statutory and effective tax rates (LO 14-2, LO 14-4, LO 14-9) Metge Corporation's worksheet for calculating taxable income for 201 follows: Required: 1. Determine Metge's 20X1 taxes due. 2. What is the change in deferred tax assets (liabilities) for 20X1 ? 3. Determine tax expense for 201. 4. Provide a schedule that reconciles Metge's statutory and effective tax rates (in both percentages and dollar amounts) for 20X1

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