Current Attempt in Progress

Cullumber Corporation reports the following amounts in its first three years of operations.

The difference between taxable income and accounting income is due to one reversing difference. The tax rate is $30\%$ for all yCurrent Attempt in Progress

Cullumber Corporation reports the following amounts in its first three years of operations.

The difference between taxable income and accounting income is due to one reversing difference. The tax rate is $30\%$ for all years and

the company expects to continue with profitable operations in the future.

For each year, identify the amount of the reversing difference originating or reversing during that year, and indicate the amount of

the temporary difference at the end of the year.ears and

the company expects to continue with profitable operations in the future.

For each year, identify the amount of the reversing difference originating or reversing during that year, and indicate the amount of

the temporary difference at the end of the year.