Question: For the current quarter ( Q 1 ) , you have the following results in your current year earnings forecast. The Company classifies interest expense

For the current quarter (Q1), you have the following results in your current year earnings forecast.The Company classifies interest expense related to UTPs as income tax in the income statement. Forecasted income and effects:
US domestic pre-tax income 10,000
non-US subsidiary pre-tax income (assume there are no foreign tax credits)4,000
Current year interest accrual for uncertain tax positions 400
This quarter there was a change in estimate on uncertain tax position for prior year (500)
Non-deductible amount of business meals and entertainment 700
tax rate =25% in both jurisdictions
year to date pre-tax income 5,000
what is the projected (forecasted) income used for interim reporting purposes?

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