Crane Company made the following journal entry in late 2021 for rent on property it leases to Danford Corporation. Cash 161000 Unearned Rent Revenue 161000 The payment represents rent for the years 2022 and 2023, the period covered by the lease. Crane Company is a cash basis taxpayer. Crane has income tax payable of $241000 at the end of 2021, and its tax rate is 25%. What amount of income tax expense should Crane Company report at the end of 2021?

The year is 2278, and the starship enterprise is running low on dilithium crystals, which are used to regulate the matter-antimatter reactions that propel the ship across the universe. without the crystals, space-time travel is not possible. if there is only one known source of dilithium crystals, the necessary conditions for a monopoly are met. part 2 (1 point)see hint if the crystals are government owned or government regulated, and the government wants to create the greatest welfare for society, then it should set the price choose one or more: a. so only the rich can afford space-time travel. b. at the profit-maximizing price. c. at the efficient price. d. using the marginal-cost pricing rule. e. so everyone can afford space-time travel. f. at the monopoly price.