No valuation account was deemed necessary for the deferred


Clinton Corp. had the following pretax income (loss) over its first three years of operations: 2009 $1,200,000 2010 1900.000) 3011 1.500,01:0 For each year there were no deferred income taxes and the tax rate was 40%. For its 2010 tax return, Clinton did not elect a loss carry back. No valuation account was deemed necessary for the deferred tax asset as of December 31, 2010. What was Clinton's income tax expense in 2011?

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Taxation: No valuation account was deemed necessary for the deferred
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