Markes Corporation's partial income statement after its first year of operations is as follows: Income before income taxes $3,750,000 Income tax expense Current $1,035,000 Deferred 90,000 1,125,000 Net income $2,625,000
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This note was uploaded on 03/31/2010 for the course BUS-A 5290 taught by Professor Astill during the Spring '10 term at Indiana.