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In 2020. HD had reported a deferred tax asset of $218 million with no valuation allowance. At December 31, 2021, the account to deferred tax
In 2020. HD had reported a deferred tax asset of $218 million with no valuation allowance. At December 31, 2021, the account to deferred tax asset of $280 million before assessing the need for a valuation allowance and Income taxes payable of $12 en HD likely than not that 30% of the deferred tax asset ultimately would not be realized. HD made no estimated tax payments during 2021 report as income tax expense in its 2021 income statement? (Round your calculations to the nearest whole million.) Multiple Choice $180 million $112 million $66 million O $134 million
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