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5. Consider the following data set: Item purchased January 2.2021: cost $60,000 useful life 4 years: depreciation for accounting 515,000 yearly: Depreciation for tax purposes

5. Consider the following data set: Item purchased January 2.2021: cost $60,000 useful life 4 years: depreciation for accounting 515,000 yearly: Depreciation for tax purposes in 2021. 560.000: Annual pretax income $100.000: Tax rate, 2596. The temporary difference based on this Information is: a. 560,000 b. $15,000 c. $40,000 d. $45.000 e, none of the above

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