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Question - Starlight reported the following pretax financial income (loss) for the years 2015-2019.
Pretax Income (Loss)
Tax Rate
2017
330,000
35%
2018
(60,000)
2019
(800,000)
21%
2020
30,000
Pretax financial income (loss) and taxable income (loss) were the same for all years involved.
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