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In 2022, Lily Corp. decided to close one of its manufacturing facilities. This closure is properly treated as a disposal of a segment. For financial

In 2022, Lily Corp. decided to close one of its manufacturing facilities. This closure is properly treated as a disposal of a segment. For financial statement reporting, estimated losses on disposal of unused plant facilities of $1,800,000. The facilities were sold in March 2023 and a $1,800,000 loss was recognized for tax purposes. Also in 2022, Lily paid $100,000 in premiums for a two-year life insurance policy in which the company was the beneficiary. Assuming that the enacted tax rate is 30% in both 2022 and 2023, and that Lily paid $780,000 in income taxes in 2022, what is the amount reported as net deferred income taxes on Lily's balance sheet at December 31, 2022?

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