Ayres Services acquired an asset for $$240$ ?million in $2024.$ ?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 $2024,2025,2026,$ ?and $2027$ ?are as follows:

$\backslash$table$[[,($$ in millions$)],[,2024,2025,2026,2027,],[$Pretax accounting income,$$430,$$$450,$$$465,$$$500,],[$Depreciation on the income statement,$60,60,60,60,],[$Depreciation on the tax return,$(69),(109),(35),(27),],[,,,,,],[$Taxable income,$$421,$$$401,$$$490,$$$533,]]$

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.

Note: Leave no cell blank, enter $"$O$"$ ?wherever applicable. Enter your answers in millions rounded to $2$ ?decimal places $($i$.$e$.,5,500,000$ ?should be entered as $5\mathrm{.}50).$

$\backslash$table$[[,$Beginning of $2024,$End of $2024,$End of $2025,$End of $2026,$End of $2027],[$Cumulative Temporary Difference,,,,,$],[$Deferred Tax Liability,,,,,$]]$

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