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Information for Kent Corp. for the year 2021: Reconciliation of pretax accounting income and taxable income: Pretax accounting income Permanent differences $179, 100 (13,600) 165,500
Information for Kent Corp. for the year 2021: Reconciliation of pretax accounting income and taxable income: Pretax accounting income Permanent differences $179, 100 (13,600) 165,500 (11,700) $153,800 Temporary difference-depreciation Taxable income Cumulative future taxable amounts all from depreciation temporary differences: As of December 31, 2020 As of December 31, 2021 $12,500 $24, 200 The enacted tax rate was 21% for 2020 and thereafter. What should be the balance in Kent's deferred tax liability account as of December 31, 2021? What should be the balance in Kent's deferred tax liability account as of December 31, 2021? Multiple Choice $3,875 $5,082 $24,200. None of these answer choices are correct
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