CALCULATOR Testhanks Multiple Choice Question 70 Sheridan Company deducts insurance expense of $225000 for tax purposes in 2021, but the expense is not yet recognized for accounting purposes. In 202, 2003, and 2024, no insurance expense will be deducted for tax purposes, but $75000 of insurance expense will be reported for accounting purposes each oferese years. Sardin Company has a tax rate of 20% and encome taxes payable of $190000 t the end of 2021. There were no deferved that the beginning of 2021 What is the amount of the deterred taxabity at the end of 2012 $38000 517500 5000 Click you would to show Work for this web Que Atlantis % 5 8 7 B 1 0 2 3 4 6 O P a W E R Y T G H J L D S F V V B M N A. C N * ol 26 command option aption command