At December 31, 2025, Higley Corporation has one temporary difference which will reverse and cause taxable amounts in 2026 . In 2025 , a new tax act set taxes equal to 35% for 2025,30% for 2026 , and 20% for 2027 and years thereafter. Explain what circumstances would call for Higley to compute its deferred tax liability at the end of 2025 by multiplying the cumulative temporary difference by: a. 35%. b. 30%. c. 20%