Question: Question 17 Carla Vista Corp.'s 2021 income statement showed pretax accounting income of $2000000. To compute the federal income tax liability, the following 2021 data

Question 17 Carla Vista Corp.'s 2021 income statement showed pretax accounting income of $2000000. To compute the federal income tax liability, the following 2021 data are provided: Income from exempt municipal bonds $95000 Depreciation deducted for tax purposes in excess of depreciation deducted for financial statement purposes 150000 Estimated federal income tax payments made 100000 Enacted corporate income tax rate 20% What amount of current federal income tax liability should be included in Carla Vista's December 31, 2021 balance sheet? $300000 $281000 $351000 $251000 Click if you would like to Show Work for this question: Open Show Work SUBMIT ANSV Question Attempts: 0 of 1 used
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