education.wiley.com C + 88 Exam #3 F'22 2pm ACCT120B Practice Problems C... W NWP Assessment Player UI Ap... W NWP Assessment Player UI Ap... Course Hero C | Chegg.com Exam #3 F'22 2pm 23:53 Question 23 ... 1 2 Multiple Choice Score pending due date Question 32 of 32 ... / 20 ... View Policies Question 24 ... / 2 Multiple Choice Score pending due date Current Attempt in Progress Question 25 - 12 The following information is available for Sunland Corporation for 2020. Multiple Choice Not started 1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $122,000. This Question 26 - 12 difference will reverse in equal amounts of $30,500 over the years 2021-2024. Multiple Choice Not started 2 . Interest received on municipal bonds was $11,000. Question 27 - 12 3. Rent collected in advance on January 1, 2020, totaled $63,900 for a 3-year period. Of this amount, $42,600 was reported as Multiple Choice Not started unearned at December 31, 2020, for book purposes. Question 28 ... / 2 4. The tax rates are 40% for 2020 and 35% for 2021 and subsequent years. Multiple Choice Score pending due date 5 . Income taxes of $331,000 are due per the tax return for 2020. Question 29 ... / 2 6. No deferred taxes existed at the beginning of 2020. Multiple Choice Score pending due date Question 30 ... / 2 Multiple Choice Score pending due date (a) Question 31 ... / 20 Accounting Multistep Score pending due date Your answer has been saved. See score details after the due date. Viewing Question 32 ... / 20 Accounting Multistep Unsubmitted work Compute taxable income for 2020.education.wiley.com C + 88 Exam #3 F'22 2pm ACCT120B Practice Problems C... W NWP Assessment Player UI Ap... W NWP Assessment Player UI Ap... Course Hero C | Chegg.com Exam #3 F'22 2pm 22:07 Question 23 ... 1 2 Multiple Choice Score pending due date Question 32 of 32