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  3. in 2023, blossom corporation had accounting income

In 2023, Blossom Corporation had accounting income of $235,000 and taxable income of $181,800. The...

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Accounting

In 2023, Blossom Corporation had accounting income of $235,000 and taxable income of $181,800. The difference is due to the use of
different depreciation methods for tax and accounting purposes. The tax rate is 25%.
Calculate the amount to be reported as income tax payable at December 31,2023.
Income tax payable $
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