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What is the total tax expense

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Reference no: EM132728174

Problem - Dann Co. reported in the income statement for the current year P900,000 income before provision for income tax.

Rent received in advance 150,000

Interest income on time deposit 200,000

Depreciation deducted for income tax purposes in excess of financial depreciation 100,000

Income tax rate 30%

Required - What is the total tax expense?

Reference no: EM132728174

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