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What is the tax expense

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Problem - Assume that gerald company paid $94,000 for income tax at the year 2015. The company had the following account balances at the beginning and end of 2015.

account: beginning balance: ending balance:

deferred tax asset current $35,000 $20,000

deferred tax asset long term $44,000 $40,000

income tax payable $18,000 $15,000

What is the tax expense for 2015?

Reference no: EM131619420

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