From the income statement, determine the income tax expense for the year ended February $1,2020.$ Tie that number to the second table in disclosure Note $18,$ "Provision for Income Taxes," and prepare a summary journal entry that records Target's tax expense from continuing operations for the year ended February $1,2020.$

Focusing on the third table in disclosure Note $18,$ "Net Deferred Tax Asset$/($Liability$),"$ calculate the change in net deferred tax assets or liability. By how much did that amount change?

Target's Note $18$ indicates that $"$We recognized a net tax benefit of $$36$ million and $$372$ million in $2018$ and $2017,$ respectively, primarily because we remeasured our net deferred tax liabilities using the new lower U$.$S$.$ corporate tax rate." What was the effect of the tax rate change on $2018$ net income?

What is Target's liability for unrecognized tax benefits as of February $1,2020?$ If Target were to prevail in court and realize $$50$ million more in tax savings than it thought more likely than not to occur, what would be the effect on the liability for unrecognized tax benefits and on net income? Intermediate Accounting