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5. Clipp, Inc., earns book het income before tax of $600,000. Clipp puts into service a depreciable asset this year, and first year tax recorded

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5. Clipp, Inc., earns book het income before tax of $600,000. Clipp puts into service a depreciable asset this year, and first year tax recorded no other temporary or permanent 219%, what is Clipp's deferred income tax liability reported on its GAAP financial statements? O11

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