Question: P19-2 (LOI,2) (One Temporary Difference, Tracked for 4 Years, One Perrnanent Difference, Change in Rate) The pretax financial income of Truttman Company differs from its

P19-2 (LOI,2) (One Temporary Difference, Tracked for 4 Years, One Perrnanent Difference, Change in Rate) The pretax financial income of Truttman Company differs

P19-2 (LOI,2) (One Temporary Difference, Tracked for 4 Years, One Perrnanent Difference, Change in Rate) The pretax financial income of Truttman Company differs from its taxable income throughout each of 4 years as follows Pretax Financial Income 290,000 320,000 350,000 420,000 Taxable Tax Rate Year 2017 2018 2019 2020 Income $180,000 225,000 260,000 560,000 40 40 40

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