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Oriole Inc's only temporary difference at the beginning and end of 2 0 2 4 is caused by a $ 3 . 1 5 million
Oriole Inc's only temporary difference at the beginning and end of is caused by a $ million deferred gain for tax purposes for
an installment sale of a plant asset, and the related receivable only onehalf of which is classified as a current asset is due in equal
installments in and The related deferred tax liability at the beginning of the year is $ In the third quarter of
a new tax rate of is enacted into law and is scheduled to become effective for Taxable income for is $ and
taxable income is expected in all future years.
a
Determine the amount reported as a deferred tax liability at the end of
Deferred tax liability $
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