At December 31, 2017, Coronado Inc. had a deferred tax asset of $27,900. At December 31, 2018, the deferred tax asset is $58,200. The corporation's 2018 current tax expense is $58,000.

Requirement :

What amount should Coronado report as total 2018 income tax expense?

Answer rating: 100% (QA)

solution Income tax expense is the amount of expense that a business recognizes in an accounting per... View the full answer