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At the beginning of 2 0 x 5 , Rundle Ltd . reported a deferred tax liabilty of $ 3 0 0 , 0 0

At the beginning of 20x5, Rundle Ltd. reported a deferred tax liabilty of $300,000. The net book value of the capital assets was $2,600,000, while UCC was $1,600,000. In 20x5, depreciation was $400,000, while CCA was $625,000. The tax rate changed in 20x5 to be 35%. What is the adjustment required to the deferred taxes?

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