What Is the Tax Expense Under the Deferral Method for F2015

question 55

Multiple Choice

What is the tax expense under the deferral method for F2015? $$\begin{array} { | l | r | r | r | } \hline & \text { F2013 } & \text { F2014 } & \text { F2015 } \\\hline \text { Income before tax } & 120,000 & 110,000 & 150,000 \\\hline \text { Taxable income } & 85,000 & 95,000 & 105,000 \\\hline \text { Tax rate } & 30 \% & 25 \% & 35 \% \\\hline\end{array}$$

• A)$27,500
• B)$36,000
• C)$36,750
• D)$52,500

---

Definitions:

Mastectomy

A surgical procedure involving the removal of one or both breasts, partially or completely, typically to treat or prevent breast cancer.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans, which outlines eight stages from infancy to adulthood.

Intimacy Versus Isolation

A stage in Erikson's psychosocial development theory focusing on the challenge of developing close relationships versus suffering loneliness and isolation.

Blended Family

A family unit where at least one parent has children that are not biologically related to the other partner, combining families from previous relationships.