Question: Exercise 19-1 Ayayai Corporation has one temporary difference at the end of 2017 that will reverse and cause taxable amounts of $59,400 in 2018, $64,200

 Exercise 19-1 Ayayai Corporation has one temporary difference at the end

of 2017 that will reverse and cause taxable amounts of $59,400 in

Exercise 19-1 Ayayai Corporation has one temporary difference at the end of 2017 that will reverse and cause taxable amounts of $59,400 in 2018, $64,200 in 2019, and $69,700 in 2020, Ayayai's pretax financial income for 2017 is $316,600, and the tax rate is 40% for all years. There are no deferred taxes at the beginning of 2017. Compute taxable income and income taxes payable for 2017. Taxable income Income taxes payable s SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT

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