$ $ " Steven Corporation had income before income taxes of $197,600 in 2025, Steven's current income tax expense is $26.100, and deferred income tax expense is $14,100. Prepare Steven's 2025 income statement, beginning with "Income before income taxes (Enter negative amounts using either a negative sign preceding the number eg-45 or parentheses eg (45)) STEVEN CORPORATION Income Statement (Partial)

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter17: Corporations: Introduction And Operating Rules
Section: Chapter Questions
Problem 47P
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Transcribed Image Text:$ $ "
Steven Corporation had income before income taxes of $197,600 in 2025, Steven's current income tax expense is $26.100, and
deferred income tax expense is $14,100.
Prepare Steven's 2025 income statement, beginning with "Income before income taxes (Enter negative amounts using either a negative
sign preceding the number eg-45 or parentheses eg (45))
STEVEN CORPORATION
Income Statement (Partial)
Transcribed Image Text:Steven Corporation had income before income taxes of $197,600 in 2025, Steven's current income tax expense is $26.100, and deferred income tax expense is $14,100. Prepare Steven's 2025 income statement, beginning with "Income before income taxes (Enter negative amounts using either a negative sign preceding the number eg-45 or parentheses eg (45)) STEVEN CORPORATION Income Statement (Partial)
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