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Current Attempt in Progress At December 31, 2020, Blue Spruce Corporation had an estimated warranty liability of $258,000 for accounting purposes and $0 for tax

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Current Attempt in Progress At December 31, 2020, Blue Spruce Corporation had an estimated warranty liability of $258,000 for accounting purposes and $0 for tax purposes. (The warranty costs are not deductible until they are paid.) The tax rate is 25%. Calculate the amount that Blue Spruce should report as a deferred tax asset at December 31, 2020. Deferred tax asset $

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