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Alvis Corporation reports pretax accounting income of $ 2 0 0 , 0 0 0 , but due to a single temporary difference, taxable income

Alvis Corporation reports pretax accounting income of $200,000, but due to a single temporary difference, taxable income is only $100,000. At the beginning of the year, no temporary differences existed.
Required:
Assuming a tax rate of 25%, what will be Alvis's net income?
What will Alvis report in the balance sheet pertaining to income taxes?
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