Man, Inc., ears pretax book net income of $750,000 in 2021, its first year of operations in recognized $20,000 in bad debt expense for book purposes. This exp is not yet deductible for purposes. s reports no other temporary or permanent book-tax differences. The U.S. Federal corporate income tax rate is 21%, and Mini eams an after-tax rate of return on capital of 4% Enter below the 2021 deferred tax assets and abilities, deferred tax benefit or expense, and total tax benefit or expense Balance Sheet Deferred tax asse Income Statement Deferred tax benefit Min's total tax expense will be Current tax expense Deferred tax benefit 161,700