Question: please solve this question (((on paper ))) with steps ... i need to know how to solve in paper Paste Copy B ( Merge Cell

please solve this question (((on paper ))) with steps ...
i need to know how to solve in paper
 please solve this question (((on paper ))) with steps ... i

Paste Copy B ( Merge Cell 20 3 Insert Row CLICK HERE TO SAVE YOUR WORK A B D 1 Question 4 MAX 2 TOTAL Part 1 ACTUAL 0 3 2 4 Part 2 1.5 5 Part 3 1.5 6 Asda Corporation has one temporary difference at the end of 2019 that will reverse and cause futurtaxable 7 2020 $776,000 8 2021 $ 853,600 9 2022 $ 698,400 10 Asda's pretax financial income for 2019 $16,296,000, tax rate is 34% 11 12 Instructions 13 1 Compute taxable income and income tax payable for 2019. 14 2 Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2019. 3 Prepare the income tax expense section of Income Statement for 2019, beginning with the line "Income before income taxes 16 Name and 10 764 BAASEERI 15 17 18 19 20 21 &A C U 5 Overline 5 Insert Column Delete Column 2+ Delete Row Conditional Form Remove Cond J amounts as follows: for all years. There are no differed taxes at the beginning of 2019. K

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