Question: Ch 19: Homework Problems Question 5 of 15 +/1 View Policies Current Attempt in Progress The following information is available for Sheridan Corporation for 2019

Current Attempt in Progress The following information is available for Sheridan Corporation

for 2019 (its first year of operational Excess of tax depreciation over

Ch 19: Homework Problems Question 5 of 15 +/1 View Policies Current Attempt in Progress The following information is available for Sheridan Corporation for 2019 (its first year of operational Excess of tax depreciation over book depreciation, $36800. This $36,800 difference will reverse equally over the years 2020-2023 Deferral for took purposes of $20.200 of rent received in advance. The rent will be recoprired in 2020 Pretax mandalincome $310,100, 2 3. 4 Takrate for all years, 20% Compute taxable income for 2019 Taxable income e Textbook and Media List of Accounts MODELS Question 5 of 15

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