Table:
0
A
B
C
1
2019
2018
2
Tax benefit computed at the statutory rate
$(427,244)
$(631,497)
3
State taxes
6,525
6,874
4
Book expenses not deductible for tax purposes
2,980
2,882
5
Rate Change
45,656
–
6
Other
2,517
(27,286)
7
(369,566)
(649,027)
8
Change in valuation allowance for deferred tax assets
269,203
658,650
9
Income tax (benefit) expense
$(100,363)
$9,623

Questions and formulas:
Question: What is the change in state taxes from 2018 to 2019?
Formula: B3-C3
Formula2: B3-C3
Level: Calculation
Question: What is the percentage change in Book expenses not deductible for tax purposes from 2018 to 2019?
Formula: (B4-C4)/C4
Formula2: (B4-C4)/C4
Level: Calculation
Question: What is the percentage change in the Tax benefit computed at the statutory rate from 2018 to 2019?
Formula: (B2-C2)/C2
Formula2: (B2-C2)/C2
Level: Calculation