Monty Inc. reports the following pre-tax incomes (losses) for both financial reporting purposes and tax purposes: Accounting Income Year (Loss) Tax Rate 2018 $124,000 25 % 2019 91,000 25 % 2020 2021 (287,000) 218,000 30 % 30 % The tax rates listed were all enacted by the beginning of 2018. Monty reports under the ASPE future/deferred income taxes method.