Corning - Howell reported taxable income in 2 0 2 1 of $ 1 6 4 million. At December 3 1 , 2 0 2

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Corning$-$Howell reported taxable income in $2021$ of $$164$ million. At December $31,2021,$ the reported amount of some assets and liabilities in the financial statements differed from their tax bases as indicated below:

$\backslash$table$[[,\backslash$table$[[$Carrying$],[$Amount$]],$Tax Basis$],[\{$

$\backslash$table$[[$Assets$],[$Current$]]\}],[],[$Net accounts receivable,$$52$ million,$$56$ million$],[$Prepaid insurance,$64$ million,$0,0$