On January 1, 2021. Cullumber Corp, purchased 40% of the voting common stock of Bet in and apropriately accounts for its investment by the equity method. During 2021. Betz reported earnings of $1250000 and paid dividends of $410000. Clumber assumes that all of Betz's undistributed earnings will be distributed a dividends in future periods when the enacted tax rate will be 20% lore the dividend-received deduction Cullumber's current enacted income tax rate is 15%. The increase in Cullumber's deferred income tax liability for this temporary difference is $168000 $120000 $66400 567200