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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Brief Exercise 19-6
At December 31, 2017, Sandhill Inc. had a deferred tax asset of $33,000. At December 31, 2018, the deferred tax asset is $56,900. The corporation’s 2018 current tax expense is $65,300.
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What amount should Sandhill report as total 2018 income tax expense?
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