In 2013 bodily corporation reported 300000 pretax

Reference no: EM13371009

In 2013, Bodily Corporation reported $300,000 pretax accounting income. The income tax rate for that year was 30 percent. Bodily had an unused $120,000 net operating loss carry forward from 2011 when the tax rate was 40%. Evaluate bodily's income tax payable for 2013

Reference no: EM13371009

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