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A calendar-year corporation reported income before income tax expense

A calendar-year corporation reported income before income tax expense

of $10,000 and income tax expense of $1,500 in its interim income statement for the first quarter of the year. The company had income tax expense of $20,000 for the second quarter and an estimated effective annual rate of 25%. What amount should be reported as income tax expense in the interim income statement for the second quarter.

 
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