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At the beginning of the year, ABC has the following balances: deferred tax asset, $27,280; deferred tax liability, $18,970. At the end of the year,

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At the beginning of the year, ABC has the following balances: deferred tax asset, $27,280; deferred tax liability, $18,970. At the end of the year, ABC has the following balances: deferred tax asset, $17,470; deferred tax liability, $27,600. Assuming tax payable of $68,150, tax expense is

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