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At the beginning of 2 0 2 5 , Sunland, Inc. had a deferred tax asset of $ 2 3 0 0 0 and deferred

 

At the beginning of 2025, Sunland, Inc. had a deferred tax asset of $23000 and deferred tax liability of $33000. Pre-tax accounting income for 2025 was $1560000 and the enacted tax rate is 20%. The following items are included in Sunlands pre-tax income:

Interest income from municipal bonds$126000

Accrued warranty costs, estimated to be paid in 2026  266000

Operating loss carryforward 196000

Installment sales profit, will be taxed in 2026  136000

Prepaid rent expense, will be used in 2026  63000

The ending balance in Sunlands deferred tax liability account at December 31, 2025 will be ? Calculate.

 
 

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