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On December 31, 2019, Phil Company reported a deferred tax liability of P500 000 and a deferred tax asset of P350 000. At the end

On December 31, 2019, Phil Company reported a deferred tax liability of P500 000 and a deferred tax asset of P350 000. At the end of 2019, Phil Company reported a deferred tax liability of P900 000 and a deferred tax asset of P100 000. What is the deferred tax expense for 2019?

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