Help Save&ExitSubmit Chapter 16-Homewark Check my Exercise 16-14 Multiple differences [LO16-4, 16-6) income of $995,000. Selected information for For the year ended December 31, 2018, Fidelity Englneering reported pretax accounting 2018 from Fidelity's records follows Depreaiatlon elaiand on the 2018 tas retarn i ,400 the Lncome statement indicated balances or zero and S0440 in its Oeferred ta asset Rdeltys income tax rate is 40% At January t 2018, Fidelity's records and deferred tax lablity accounts, respectively record income taxes for 2018 and prepare the appropriate journal entry 1. Determine the amounts necessary to 2. What is Fidelity's 2018 net income? Complete this question by entering your answers in the tabs below .23). ). Amounts to be deducted should be indicaned with a minus sign.) places (ia. 1,230 should be entered as t cBook 838 3