For its first taxable year, Rony Incorporated$$s accounting records showed the following:

Operating loss per books $ $(800,000)$

Temporary book$/$tax difference $90,000$

Net operating loss for tax $ $(710,000)$

Required:

Use a $21$ percent rate to compute Rony$$s deferred tax asset with respect to the $$90,000$ book$/$tax difference.

Use a $21$ percent rate to compute Rony$$s deferred tax asset with respect to its $$710,000$ NOL carryforward.

Compute Rony$$s tax benefit $($negative tax expense$)$ reported on its first income statement.