In its first year of operations. Woodmount Corporation reported pretax accounting income of $540 million for the current yeat, Depreciation reported in the tax return in excess of depreciation in the income statement was $480 million. The excess tax will reverse itself evenly over the next three years. The current year's tax rate of 25% will be increased under the current law to 30% next year and 35% for all subsequent years. At the end of the current year, the deferred tax liability related to the excess depreciation will be: Muitiple Cholce 5160 mhion 5192 mition 5144 milion 5168 milion