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Brief Exercise 19-15 Crane Corporation has temporary differences at December 31, 2017, that result in the following deferred taxes. Deferred tax liability related to depreciation
Brief Exercise 19-15 Crane Corporation has temporary differences at December 31, 2017, that result in the following deferred taxes. Deferred tax liability related to depreciation difference $39,100 Deferred tax asset related to warranty liability Deferred tax liability related to revenue recognition 105,000 Deferred tax asset related to litigation accruals 58,70 25,600 Indicate how these balances would be presented in Crane's December 31, 2017, balance sheet. Crane Corporation Balance Sheet (Partial)
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