Question: First Quarter correct. Not sure on 2nd and 3rd quarter? Joplin Laminating Corporation reported income before income taxes during the first three quarters, and management's

First Quarter correct. Not sure on 2nd and 3rd quarter?

Joplin Laminating Corporation reported income before income taxes during the first three quarters, and management's estimates of the annual effective tax rate at the end of each quarter as shown below: Quarter First Second Third

Income before income taxes $ 50,000 $ 40,000 $ 100,000 Estimated annual effective tax rate 22 % 25 % 24 %

Determine the income tax expense to be reported in the income statement in each of the three quarterly reports.

First Quarter correct. Not sure on 2nd and 3rd quarter? Joplin Laminating

First 11,000 Quarter Second $ 11,500 Third 25,000 Tax expense to be reported $ $

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