Angel Corporation reported pretax book income of $1,034,000. During th


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Angel Corporation reported pretax book income of $1,034,000. During the current year, the net reserve for warranties increased by $30,100. In addition, tax depreciation exceeded book depreciation by $108,500. Finally, Angel subtracted a dividends received

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Angel Corporation reported pretax book income of $1,034,000. During
the current year, the net reserve for warranties increased by $30,100. In addition, tax depreciation exceeded book depreciation by $108,500. Finally, Angel subtracted a dividends received deduction of $31,800 in computing its current year taxable income. Angel's hypothetical tax expense in its reconciliation of its income tax expense is:
Multiple Choice


-$217,140.
-$210,819.
-$200,676.
-$194,355.

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