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What the angel hypothetical tax expense

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Question - Angel Corporation reported pretax book income of $ 1,000,000. During the current year, the net reverse for warranties increase by $ 25,000. In addition, tax depreciation exceed book depreciation by $ 100,000. Finally, Angel  subtracted a dividends received deduction of $ 25,000 in computing its current-year taxable income. What the Angel hypothetical tax expense in its reconciliation of its income tax expense?

Reference no: EM132920522

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