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Allied Corp. has a deferred tax asset balance of $ 3 0 0 , 0 0 0 on December 3 1 due to a temporary
Allied Corp. has a deferred tax asset balance of $ on December due to a temporary difference related to a warranty expense accrual that is not deductible for tax purposes. The deferred tax asset balance has increased $ over the prior year ending balance of $ Taxable income for the year is $ and the tax rate is There was no deferred tax asset valuation allowance recorded on January
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