Question: 8 1 The reported Net income (loss) for the years of 2015,2016,2017,2018,2019,2020 were $100,000, $80,000, ($300,000), $20,000, $50,000, $120,000 respectively, the policy of losses
8 1 The reported Net income (loss) for the years of 2015,2016,2017,2018,2019,2020 were $100,000, $80,000, ($300,000), $20,000, $50,000, $120,000 respectively, the policy of losses to carryback by 2 years and forward by 5 years and tax rate is 20%, what is the ?tax expense should be recorded in 2019 $14,000.a O $0.b O $10,000.co 1 The reported Net income (loss) for the years of 2015,2016,2017,2018,2019,2020 were $100,000, 580,000, (5300,000), 520,000, $50,000, $120,000 respectively, the policy of losses to carryback by 2 years and forward by 5 years and tax rate is 20%, what is the ?tax expense should be recorded in 2020 $14,000.a O $0.b O $24,000.c O
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