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estion 24 tyet swered Sweeney Co. began operations in 2022 and reported $225,000 in income before income taxes for the year. Sweeney's 2022 tax depreciation

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estion 24 tyet swered Sweeney Co. began operations in 2022 and reported $225,000 in income before income taxes for the year. Sweeney's 2022 tax depreciation exceeded its book depreciation by $25,000. Sweeney also had nondeductible book expenses of $10,000 related to permanent differences. Sweeney's tax rate for 2022 was 40%, and the enacted rate for years after 2022 is 35%. In its December 31, 2022 balance sheet, what amount of deferred income tax liability should Sweeney report? nts out of 0 Flag question Select one: O a. $8,750 O b. $10,000 O c. $12,250 O d. $14,000 estion 25 Trey reports a loss of $140,000 in 2024 before tax effects. Future income is probable: tax rate 30%. 2024 Net Loss is t yet wered nts out of Select one: Flag question O a. $98,000 O b. $120,500 O c. $140,000 O d. $117,500 O e. $110,000 stion 26 Indicate the type of Deferred Tax account created by Unearned Revenues and Accrued Revenues, respectively, yet wered ats out of Flag question Select one: O a. Asset, Asset O b. Liability, Liability O c. Asset, Liability O d. Liability, Asset

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