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For its first year of operations. Tringall Corporation's reconciliation of pretax accounting income to taxable income is as follows Pretax accounting income Permanent difference Temporary

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For its first year of operations. Tringall Corporation's reconciliation of pretax accounting income to taxable income is as follows Pretax accounting income Permanent difference Temporary difference-depreciation Taxable income $370,000 (15,800) 354,200 (19,500) $334,700 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid What should Tringali report as its deferred income tax liability as of the end of its first year of operations? Multiple Choice $8,825 $35,300 10 000 54.875 $19.500

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