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Blossom Corporation has one temporary difference at the end of 2025 that will reverse and cause taxable amounts of $50,400 in 2026, $55,900 in 2027,
Blossom Corporation has one temporary difference at the end of 2025 that will reverse and cause taxable amounts of $50,400 in 2026, $55,900 in 2027, and $61.100 in 2028. Blossom's pretax financial incorne for 2025 is $311,400, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2025.
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