Howe Corporation has income before income taxes of $1,064,000 in 2017. The current provision for income taxes is $210,000 and the provision for deferred income taxes is $165,000. Howe’s net income for 2017 is $1,019,000. $854,000. $899,000. $689.000.

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter17: Corporations: Introduction And Operating Rules
Section: Chapter Questions
Problem 26CE
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Howe Corporation has income before income taxes of $1,064,000 in 2017. The current provision for income taxes is $210,000 and the provision for deferred income taxes is $165,000. Howe’s net income for 2017 is

$1,019,000.
$854,000.
$899,000.
$689.000.
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