Ayres Services acquired an asset for $120 million in 2021. The asset is depreciated for financial reporting purposes over four years on a straight-line basis (no residual value). For tax purposes the asset's cost is depreciated by MACRS. The enacted tax rate is 25% Amounts for pretax accounting income, depreciation and taxable income in 2021, 2022 2023 and 2024 are as follows: (s in millions) 2021 2022 2023 Pretax accounting incone 2024 $355 $375 $390 $425 Depreciation on the income statement 30 30 30 Depreciation on the tax return 30 (54) (34) (20) (12) Taxable income $331 $371 $400 $443 Required: For December 31 of each year, determine (a) the cumulative temporary book tax difference for the depreciable asset and (b) the balance to be reported in the deferred tax liability account. (Leave no cell blank, enter "o" wherever applicable. Enter your answers In millions rounded to 2 decimal place (1.6., 5,500,000 should be entered as 5.50).) Answer is not complete. Beginning of End or End of End of 2021 2021 2022 2025 0.00 $ 2400) 0.00 6.00 Cumulative Temporary Difference Deferred Tax Liability 5 End of 2024 000 0.00 S 11