Assume Maple Corp has just completed the third year of its existence (year 3) The table below indicates Maples ending book inventory for each year and the additional 263A costs (UNICAP) it was required to include in its ending inventory Maple immediately expensed these costs for book purposes In year 2, Maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory What book tax difference associated with its inventory did Maple report in year 2 (Enter a favorable difference as a positive and an unfavorable difference as a negative) Year 1 Year 2 Year 3 Ending book inventory $2,400,000 $2,700,000 $2,040,000 Additional 263A costs 60,000 68,000 40,000 Ending tax inventory $2,460,000 $2,768,000 $2,080,000 Assume Maple Corp has just completed the third year of its existence (year 3) The table below indicates Maples ending book inventory for each year and the additional 263A costs (UNICAP) it was required to include in its ending inventory Maple immediately expensed these costs for book purposes In year 2, Maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory What book tax difference associated with its inventory did Maple report in year 3 (Enter a favorable difference as a positive and an unfavorable difference as a negative) Year 1 Year 2 Year 3 Ending book inventory $2,400,000 $2,700,000 $2,040,000 Additional 263A costs 60,000 68,000 40,000 Ending tax inventory $2,460,000 $2,768,000 $2,080,000

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Assume Maple Corp. has just completed the third year of its existence (year 3). The table below indicates Maples ending book inventory for each year

Assume Maple Corp. has just completed the third year of its existence (year 3). The table below indicates Maples ending book inventory for each year and the additional 263A costs (UNICAP) it was required to include in its ending inventory. Maple immediately expensed these costs for book purposes. In year 2, Maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory. What book-tax difference associated with its inventory did Maple report in year 2? (Enter a favorable difference as a positive and an unfavorable difference as a negative)

	Year 1	Year 2	Year 3
Ending book inventory	$2,400,000	$2,700,000	$2,040,000
Additional 263A costs	60,000	68,000	40,000
Ending tax inventory	$2,460,000	$2,768,000	$2,080,000

Assume Maple Corp. has just completed the third year of its existence (year 3). The table below indicates Maples ending book inventory for each year and the additional 263A costs (UNICAP) it was required to include in its ending inventory. Maple immediately expensed these costs for book purposes. In year 2, Maple sold all of its year 1 ending inventory, and in year 3 it sold all of its year 2 ending inventory. What book-tax difference associated with its inventory did Maple report in year 3? (Enter a favorable difference as a positive and an unfavorable difference as a negative)

	Year 1	Year 2	Year 3
Ending book inventory	$2,400,000	$2,700,000	$2,040,000
Additional 263A costs	60,000	68,000	40,000
Ending tax inventory	$2,460,000	$2,768,000	$2,080,000