Question: View Policies Current Attempt in Progress The following information is available for Swifty Corporation for 2019 (its first year of operations). 1. 2. Excess of

View Policies Current Attempt in Progress The following information is available for Swifty Corporation for 2019 (its first year of operations). 1. 2. Excess of tax depreciation over book depreciation, $38,400. This $38,400 difference will reverse equally over the years 2020-2023 Deferral, for book purposes, of $20,800 of rent received in advance. The rent will be recognized in 2020. Pretax financial income. $284,000. Tax rate for all years, 20%. 3. 4. (a) Compute taxable income for 2019. Taxable income $ e Textbook and Media List of Accounts f

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