PIODIC TULU. 2) Kantner, Inc., is a domestic corporation with the following balance sheet for book and tax purposes at the end of the year. Assume a 21% Federal corporate tax rate and no valuation allowance. Tax Book Debit/Credit) Debit/Credit) Assets Cash Accounts receivable Buildings Accumulated depreciation Furniture and fixtures Accumulated depreciation $1,000 9,000 850,000 (700,000) 40,000 (10,000) $190,000 $1,000 9,000 850,000 (620,000) 40,000 (8,000) Total assets $272,000 Liabilities 50 Accrued warranty expense Note payable Total liabilities Stockholders' Equity Paid-in capital (16,000) ($16,000) ($40,000) (16,000) ($56,000) Retained earnings ($50,000) (124,000) (5190,000) ($50,000) (166,000) (5272,000) Total liabilities and stockholders' equity The beginning of the year book-tax basis difference for the deferred tax liabilities are listed below. Complete the table and determine the change in Kantner's deferred tax liabilities for the current year. Beginning of Year ($62,000) Current-Year Difference End of Year 40,000 x $ Building-accumulated depreciation Furniture and fixtures- accumulated depreciation s Subtotal (400) ($62,400) 21% $ 40,000 X Applicable tax rate Gross deferred tax liability ($13,104) Change in deferred tax liability $ 2,100 x