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Chicago Company,a Calendar-Year Corporation,had the Following Actual Income Before Income

Question 16

Multiple Choice

Chicago Company,a calendar-year corporation,had the following actual income before income tax expense and estimated effective annual income tax rates for the first three quarters in 20X2:
Chicago Company,a calendar-year corporation,had the following actual income before income tax expense and estimated effective annual income tax rates for the first three quarters in 20X2: Chicago's income tax expense in its interim income statement for the third quarter should be A) $36,000 B) $41,000 C) $42,400 D) $84,000
Chicago's income tax expense in its interim income statement for the third quarter should be


A) $36,000
B) $41,000
C) $42,400
D) $84,000

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