Question: Below are excerpts from the 2 0 1 6 1 0 - K of Scholastic Corporation ( modified from the original ) . Using that

Below are excerpts from the 201610-K of Scholastic Corporation (modified from the original). Using that information, please answer the following tax questions:
1. What is Scholastic Corporations 2016 income tax expense from continuing operations?
2. What is Scholastic Corporations effective tax rate on continuing operations for 2016?
3. As of the end of 2015, Scholastic Corporations balance sheet showed a net deferred income tax liability (the balance sheet is not shown below). Did that liability go up or down during 2016?
 Below are excerpts from the 201610-K of Scholastic Corporation (modified from

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