Question
At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $134 million related to a current liability
At December 31, 2021, Moonlight Bay Resorts had the following deferred income tax items: Deferred tax asset of $134 million related to a current liability Deferred tax asset of $76 million related to a noncurrent liability Deferred tax liability of $200 million related to a noncurrent asset Deferred tax liability of $152 million related to a current asset Moonlight Bay should report in its December 31, 2021, balance sheet a:
Multiple Choice
Noncurrent deferred tax asset of $210 million and a non-current deferred tax liability of $352million.
Noncurrent deferred tax asset of $124,000 and a non-current deferred tax liability of $105 million.
Noncurrent deferred tax liability of $142 million.
Current deferred tax liability of $58 million.
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