no explanation needed

9 Isaac Inc. began operations in January 2021. For some property sales, Isaac recognizes income in the period of sale to financial reporting purposes. However, for income tax purposes, Isaac recognizes income when it collects cach trom the busyer's realment payments. In 2021, Isaac had $628 million in sales of this type Scheduled collections for these sales are as follows: 2021 $ 73 million 2022 125 million 2023 125 million 2024 151 million 2025 154 million $ 628 million Assume that Isaac has a 25% income tax rate and that there were no other differences in income for financial statement and tax purposes. Ignoring operating expenses, what deferred tax liability would Isaac report in its year-end 2021 balance sheet (Round your answer to the nearest whole million.) 596 140 Activate Go to Set O 75 Hide C o Stop sharing