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At the beginning of 2 0 2 5 , Crane, Inc. had a deferred tax asset of $ 2 5 5 0 0 and a

At the beginning of 2025, Crane, Inc. had a deferred tax asset of $25500 and a deferred tax liability of $35500. Pre-tax accounting income for 2025 was $1610000 and the enacted tax rate is 20%. The following items are included in Crane's pre-tax income:
\table[[Interest income from municipal bonds,$131000
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