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ABC Company acquires DEF Inc. in a nontaxable business combination. DEF's identifiable intangible assets have a fair value of $ 6 , 0 0 0

ABC Company acquires DEF Inc. in a nontaxable business combination. DEF's identifiable intangible assets have a fair value of $6,000,000 but are currently not reported on DEF's books. The intangibles have a 4-year life, straight-line. The appropriate tax rate is 25%.The acquisition entry includesSelect one:a. a debit to deferred tax asset of $1,500,000.b. a credit to deferred tax liability of $375,000.c. a debit to deferred tax asset of $375,000.d. a credit to deferred tax liability of $1,500,000.

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