Balance in Deferred Tax Liability account, January $1,2020$ $$48,000$

Cumulative temporary difference, December $31,2020$ $$425,000$

To reverse evenly over the next $2$ years

Pretax accounting income for $2020$ $$535,000$

Taxable income for $2020$ $$395,000$

Income tax rate for all years $20\%$

Taxed Income $$79,000$S