O pts Question 6 Albert Corporation purchased a machine on January 1, 2021, for $4,000,000. The machine has an estimated 5-year life with no salvage value. The straight-line method of depreciation is being used for financial statement purposes and the following MACRS depreciation amounts will be deducted for tax purposes 2027 $800,000 2024 $460,000 2022 1,280,000 2025 460,000 2023 768,000 2026 232000 Assuming an income tax rate of 30% for all years, the net deferred tax liability that should be reflected on Albert's balance sheet at December 31, 2022 be $0 $9.600 $134.400 $144,000 Previous Next