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In year 1 , Ling estimates warranty expense of $ 6 0 , 0 0 0 for financial reporting purposes. The amount of warranties deducted
In year Ling estimates warranty expense of $ for financial reporting purposes. The amount of warranties deducted on the tax return was $ The difference will be deducted on the tax return in the following year. The income tax rate is What is the balance in the deferred tax asset account at the end of year
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