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Analyzing Tax Expense Crestview Holdings reported the following in its 2015 financial statements. $ millions 2015 2014 Total deferred tax assets $821 $764 Total deferred

Analyzing Tax Expense

Crestview Holdings reported the following in its 2015 financial statements.

$ millions 2015 2014

Total deferred tax assets $821 $764

Total deferred tax liabilities 4,089 3,126

Current provision for income taxes 1,372 134

Compute the deferred tax expense for the company for 2015.

$Answer

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