Prepare the income tax section of the income statements for each of the years 2017 to 2020, beginning with the line "Income (loss) before income tax.". (Enter negative amounts using either a negative...

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Extracted text: Prepare the income tax section of the income statements for each of the years 2017 to 2020, beginning with the line "Income (loss) before income tax.". (Enter negative amounts using either a negative sign preceding the number eg. -45 or parentheses eg. (45). Do not leave any answer field blank. Enter O for amounts.) Bramble Inc. (Partial) Income Statements December 31 2017 2018 2019 2020 eTextbook and Media List of Accounts > >


Extracted text: Question 5 of 6 <> View Policies Current Attempt in Progress Bramble Inc. reports the following incomes (losses) for both book and tax purposes (assume the carryback provision is used where possible): Accounting Income Year (Loss) Tax Rate 2017 $137,000 25 % 2018 107,000 25 % 2019 (314,000 ) 30 % 2020 52,000 30 % The tax rates listed were all enacted by the beginning of 2017.