How many people are in the class ?
It can be deduced that the income taxable in the current year will be $6.0.
<h3>How to calculate the income tax payable</h3>
From the complete information, the income tax payable will be calculated thus:
- Pretax accounting income = $32.00
- Rent cost in 2022 = $2.0 × 25% = $.05
- Rent cost in 2023 = $2.0 × 25% = $.05
- Rent cost in 2024 = $2.0 × 25% = $.05
- Rent cost in 2025 = $2.0 × 25% = $.05
Total deferred tax = $2.0
Therefore, the income taxable in the current year will be:
= $24.0 × 25%
= $24.0 × 0.25
= $6.0
Learn more about tax on:
brainly.com/question/25783927
Explanation:
Roughly one out of every thousand stars that form is massive enough to become a black hole. Therefore, our galaxy must harbor some 100 million stellar-mass black holes. Most of these are invisible to us, and only about a dozen have been identified. The nearest one is some 1,600 lightyears from Earth.
Nelson Mandela was arrested in Howick. Rumours were spread the Mandela’s connection with the communist made him a target of US officials.US officials continued to track the activities of Nelson Mandela, and they found a collaborator in the South African government.