At December 31, 2025, Sunland Inc. had a deferred tax asset of $32,500. At December 31,...

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At December 31, 2025, Sunland Inc. had a deferred tax asset of $32,500. At December 31, 2026, the deferred tax asset is $59,000. The corporation's 2026 current tax expense is $60,100. What amount should Sunland report as total 2026 income tax expense? Total income tax expense for 2026 $ At December 31, 2025, Sunland Inc. had a deferred tax asset of $32,500. At December 31, 2026, the deferred tax asset is $59,000. The corporation's 2026 current tax expense is $60,100. What amount should Sunland report as total 2026 income tax expense? Total income tax expense for 2026 $

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To determine the total income tax expense for 2026 we need to conside... View the full answer