please let me know which 1 is correct answer ASAP.Thanks The following...
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please let me know which 1 is correct answer ASAP.Thanks
The following trial balance of Mint Corp. as Desenber 31, year 1, has been adjurted exsept for income tax erpense. Other financial data for the year ended Decembet 31 , year 1 , are - Mint uses the percentage of cempletion method to account fer long teim cenatrection contracts for financial statement and income tax purposes. All receivables on these constacts are considered to be collectole whin twetie manths. - During year 1, estimated tax payments of $450,000 were charged to prepaid texes. Mint has not tecorded income tar expense. There were no temporary or permanent differences, and Mints tax rate is 30%. In Mint's December 31, year 1 balance sheet, what amount should be reported ar Total noscurrent labilities? $1,620,000$1,780,000$2,320,000$2,480,000
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