Lyons company deducts insurance expense of $210,000 for tax purposes in 2018, but the expense is not yet recognized for accounting purposes. in 2019, 2020, and 2021, no insurance expense will be deducted for tax purposes, but $70,000 of insurance expense will be reported for accounting purposes in each of these years. lyons company has a tax rate of 40% and income taxes payable of $180,000 at the end of 2018. there were no deferred taxes at the beginning of 2018. reference: ref 19-5 what is the amount of income tax expense for 2018? a. $180,000 b. $210,000 c. $264,000 d. $252,000

The total income tax expense for 2019 =152.000. Is not available in the options given by the exercise.

Explanation:

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3

answer///the stewardship worldview;