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Sheffield Limited is a commercial construction company that takes on long$-$term building projects. The company uses accounting practices that recognize revenue faster than the Income Tax Act requires. In $2023,$ Sheffield recognized $$366000$ of revenue on its books that is NOT taxable until $2024.$ What is the impact to the statement of financial position based on a $20\%$ enacted tax rate?

Deferred Tax Liability $$73200$

Deferred Tax Asset $$73200$

Deferred Tax Expense $$73200$

Deferred Tax Benefit $$73200$

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