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Income Tax (Tables)
12 Months Ended
Dec. 31, 2019
Deferred tax asset  
Summary of Net Deferred Tax Assets
The Company’s net deferred tax asset at December 31, 2019 was as follows:
 
   
December 31,
2019
 
Deferred tax asset
  
Unrealized loss on marketable securities held in Trust Account
  $1,361 
  
 
 
 
Total deferred tax asset
   1,361 
Valuation allowance
   —   
  
 
 
 
Deferred tax asset, net of allowance
  $1,361 
  
 
 
 
Schedule of Provision (Benefit) For Income Taxes
The income tax provision for the year ended December 31, 2019 consists of the following:
   
December 31,
2019
 
Federal
  
Current
  $94,636 
Deferred
   (1,361
State
  
Current
  $—   
Deferred
   —   
Change in valuation allowance
   —   
  
 
 
 
Income tax provision
  $93,275 
  
 
 
 
Effective Income Tax Rate Continuing Operations Tax Rate Reconciliation
A reconciliation of the federal income tax rate to the Company’s effective tax rate at December 31, 2019 is as follows:
 
   
December 31,
2019
 
Statutory federal income tax rate
   21.0
State taxes, net of federal tax benefit
   0.0
  
 
 
 
Income tax provision
   21.0