1.
a.
Pre-tax
book income for 2022 is:
b.
Net equity
as of December 31, 2022 is:
2.
a.
AST’s gain
on sale to Alvin of AlCo is:
b.
AST’s gain
on the redemption of its AlCo interest is:
3.
a.
Taxable
income for 2022 is:
b.
The
Lawyers gain on the redemption of their AST stock is:
4.
a.
AST’s gain
on the redemption of the Lawyers stock is:
b.
Federal
taxable interest income is:
5.
a.
Total
temporary differences in calculating the 2022 taxable income are:
b.
What and
how much is the debit portion of the journal entry to record the taxes
calculated?
*I have an excel sheet that contains: a trial balance, fixed assets, and retained earnings rollforward*
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