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please help to answer this question with the correct answer, thank you. Carla Corporation has a cumulative temporary difference related to depreciation of $556,000 at
please help to answer this question with the correct answer, thank you.
Carla Corporation has a cumulative temporary difference related to depreciation of $556,000 at December 31,2025 . This difference will reverse as follows: 2026,$39,000;2027,$226,000; and 2028, \$291,000. Enacted tax rates are 17% for 2026 and 2027 , and 20% for 2028. Compute the amount Carla should report as a deferred tax liability at December 31, 2025. Deferred tax liability at December 31,2025$Step by Step Solution
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