LOUILLU Velepulled as Une lades payable dl Delenel J1, 2017. BE19-2 (L01) Oxford Corporation began operations in 2017 and reported pretax financial income of $225,000 for the year. Oxford's tax depreciation exceeded its book depreciation by $40,000. Oxford's tax rate for 2017 and years thereafter is 30%. In its December 31, 2017, balance sheet, what amount of deferred tax liability should be reported? BE19-3 (L01.21 Ising the information from BF19-2 assume this is the only difference between Oxford's pretax financial