Amelia, Inc., is a domestic corporation with the following balance sheet for book and tax purposes at the end of the year.Assume a 34% corporate tax rate and no valuation allowance. 
Amelia, Inc.'s, book income before tax is $25,200.Amelia records two permanent book-tax differences.
It earned $1,000 in tax-exempt municipal bond interest and $1,840 in nondeductible meals and
entertainment expense.Calculate Amelia's current tax expense.
Definitions:
Looking-Glass Self
The self derived from seeing ourselves as others see us.
Psychodynamic Self
A concept in psychology that encompasses the dynamic, internal processes, motivations, and conflicts within the individual as influenced by unconscious factors.
Self-Affirmation
is the practice of reminding oneself of personal values and strengths in order to maintain a positive self-image and cope with threats to one's self-concept.
Achievement Motivation
The drive or desire for success and accomplishment, often pushing individuals to attain higher levels of performance.
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