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

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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