Question: View Policies Current Attempt in Progress Bramble Inc. reports the following pre-tax incomes (losses) for both financial reporting purposes and tax purposes: Accounting Income

View Policies Current Attempt in Progress Bramble Inc. reports the following pre-taxincomes (losses) for both financial reporting purposes and tax purposes: Accounting IncomeYear (Loss) Tax Rate 2018 $129,000 25 % 2019 97,000 25 %2020 (303,000) 30 % 2021 226,000 30 % -/1 E The taxrates listed were all enacted by the beginning of 2018. Bramble reportsunder the ASPE future/deferred income taxes method.image text in transcribedimage text in transcribedimage text in transcribed

View Policies Current Attempt in Progress Bramble Inc. reports the following pre-tax incomes (losses) for both financial reporting purposes and tax purposes: Accounting Income Year (Loss) Tax Rate 2018 $129,000 25 % 2019 97,000 25 % 2020 (303,000) 30 % 2021 226,000 30 % -/1 E The tax rates listed were all enacted by the beginning of 2018. Bramble reports under the ASPE future/deferred income taxes method.

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