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What would be the income tax expense reported

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Question - Sunland Company had a 40 percent tax rate. Given the following pre-tax amounts, what would be the income tax expense reported on the face of the income statement?

Sales revenue $ 1060000

Cost of goods sold 600000

Salaries and wages expense 79400

Depreciation expense 110000

Dividend revenue 90600

Utilities expense 9100

Discontinued operations loss 99500

Interest expense 19300

a. $93320

b. $57080

c. $96880

d. $133120

Reference no: EM132480532

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