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Below is a listed of items that are accounted for differently for financial reporting purposes than they are for tax purposes. For each situation below,

Below is a listed of items that are accounted for differently for financial reporting purposes than they are for tax purposes.

For each situation below, indicate whether it involves:

(1) A temporary difference that will result in future deductible amounts and, therefore, will usually

give rise to a deferred income tax asset.

(2) A temporary difference that will result in future taxable amounts and, therefore, will usually giverise to a deferred income tax liability.(3) A permanent difference

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