Income tax expense to be reported on income statement

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Reference no: EM131202978

During 2015, a company reported an increase in the defferred tax liability account of $ 77,990, an increase in the differed tax asset account of $ 35,325, and an income tax liabilty as per the 2015 income tax return of $ 398,555.

What in the income tax expense to be reported on the income statement for the year ending December 31, 2015?

Reference no: EM131202978

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