Question: Current Attempt in Progress Wild horse Corp.'s 2021 income statement showed pretax accounting income of $2200000. To compute the federal income tax liability,the following 2021

Current Attempt in Progress Wild horse Corp.'s 2021 income statement showed pretax accounting income of $2200000. To compute the federal income tax liability,the following 2021 data are provided: Income from exempt municipal bonds $97000 Depreciation deducted for tax purposes in excess ofdepreciation . 170000 deducted for nancial statement purposes Estimated federal income tax payments made 140000 Enacted corporate income tax rate 20% What amount of current federal income tax liability should be included in Wildhorse's December 31, 2021 balance sheet? {:3- $230600 Q $386600 Cl- $300000 C:- $246600

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