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For the year ended December 31, 2021, Garbanzo Inc. Company, a publicly traded corporation reported accounting income before income taxes of $876,000 Garbanzo Inc.'s tax

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For the year ended December 31, 2021, Garbanzo Inc. Company, a publicly traded corporation reported accounting income before income taxes of $876,000 Garbanzo Inc.'s tax rate is 31%, enacted in 2021 (not known until that year). The rate for all previous tax years was 30%. On January 1, 2021, the NBV of PPE was $560,000, while UCC for the same PPE was $525,000. (Hint: The opening DIT Asset/Liability balance was set up at 30%.) Depreciation expense for 2021 was $32,000; CCA for 2021 was $42,000. What is the measurement of the DIT expense/recovery this PPE? For the year ended December 31, 2021, Garbanzo Inc. Company, a publicly traded corporation reported accounting income before income taxes of $876,000 Garbanzo Inc.'s tax rate is 31%, enacted in 2021 (not known until that year). The rate for all previous tax years was 30%. On January 1, 2021, the NBV of PPE was $560,000, while UCC for the same PPE was $525,000. (Hint: The opening DIT Asset/Liability balance was set up at 30%.) Depreciation expense for 2021 was $32,000; CCA for 2021 was $42,000. What is the measurement of the DIT expense/recovery this PPE

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