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At the end of 2014, the only expected future temporary difference is implied by the following account found in the balance sheet:Prepaid rent = $22,000

At the end of 2014, the only expected future temporary difference is implied by the following account found in the balance sheet:Prepaid rent = $22,000

The footnotes reveal that the prepaid rent applies only to 2015. You would also expect to find which of the following in the balance sheet:

Question 8 options:

Current deferred tax liability

Current deferred tax asset

Noncurrent deferred tax liability

Noncurrent deferred tax asset

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