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BE19.4 - Using Excel to Determine Income Tax Expense PROBLEM Appaloosa Corporation had the following deferred tax amounts at December 31, 2021 and 2020. Student

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BE19.4 - Using Excel to Determine Income Tax Expense PROBLEM Appaloosa Corporation had the following deferred tax amounts at December 31, 2021 and 2020. Student Work Area - BE19.4 Required: Provide input into cells shaded in yellow in this template. Use mathematical formulas with cell references to the Problem area or to this work area. $ Deferred tax liability, December 31, 2020 Deferred tax liability, December 31, 2021 Current income tax expense, 2021 25,000 42,000 48,000 Change in deferred tax liability Total income tax expense for 2021 What amount should Appaloosa report as total 2021 income tax expense

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