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Kyle, Incorporated, owns 7 5 percent of CRT Company. During the current year, CRT reported net income of $ 6 8 0 , 0 0
Kyle, Incorporated, owns percent of CRT Company. During the current year, CRT reported net income of $ but paid a total cash dividend of only $
Required:
What deferred income tax liability must be recognized in the consolidated balance sheet? Assume the tax rate is percent.
Multiple Choice
$
$
$
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