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Early in 2020 pace design purchased $400,000 of tangible capital assets. Depreciation expense was $56,000 and capital allowance was $28,000 for the year ended in

Early in 2020 pace design purchased $400,000 of tangible capital assets. Depreciation expense was $56,000 and capital allowance was $28,000 for the year ended in December 31, 2020. What is the accounting carrying amount of the asssets and what is the balance in differed income tax account given a tax rate of 30%?

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