Brief Exercise 19-2 Your answer is incorrect. Try again Kingbird Corporation began operations in 2017 and reported pretax financial income of $234,000 for the year. Kingbird's tax depreciation exceeded its book depreciation by $32,000. Kingbird's tax rate for 2017 and years thereafter is 40%. In its December 31, 2017, balance sheet, what amount of deferred tax liability should be reported? q Deferred tax liability to be reported Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT