3. What if the difference between book and tax accounting changed just slightly for Stores. Say, instead of the property tax expense being $36,000 for both book and sume that it was accrued for book purposes, i.e. it was not yet paid, and as a resu ductible for tax purposes. This slight change would result in the following slight for Toddler Town Stores: Book - Tax Book Tax Difference Revenues : Cash collected from credit card sales $1, 250,000 $1 , 250, 000 Credit sales - credit cards 200,000 0 Advance payments 50,000 Total Revenues $1, 450,000 $1, 300, 000 Expenses : Cost of sales (1, 050, 000) (1, 000, 000) Wage expense (202 , 000) (120, 000) Other expense (37 , 000) (30 , 000) Depreciation expense-building (25, 000) (50, 000) Property tax expense (36,000) Total Expenses $ (1, 350, 000) (0) $ (1 , 200, 000) Earnings before income taxes 100 ,000 100, 000 a. Under these circumstances, how much tax expense would Toddler Town rec financial reporting (GAAP) purposes? b. How much would Toddler Town actually have to pay in taxes for 2018? c. Would there be any change in Toddler Town's net deferred income taxes, i. tax liability minus deferred income tax asset for the 12 months ended Decent Why or why not