ER CALCULATOR PRINTER VERSION 4 BACK try a NEXT SOURCES it for Question 11 Sandhill Corp.'s books showed pretax financial income of $4400000 for the year ended December 31, 2021. In the computation of federal income taxes, the following data were considered: Gain on an involuntary conversion $1960000 (Sandhill has elected to replace the property within the statutory Depreciation deducted for tax purposes in excess of depreciation deducted for book purposes 248000 Federal estimated tax payments, 2021 Enacted federal tax rate, 2021 20% What amount should Sandhill report as its current federal income tax liability on its December 31, 2021 balance sheet? 308000 O $438400 O $180000 $488000 Study $130400