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Prybylos,Inc., owns 90 % of Station Corporation. Both companies have been profitable for many years. During the current year, the parent sold for $100,000 merchandise

Prybylos,Inc., owns 90 % of Station Corporation. Both companies have been profitable for many years. During the current year, the parent sold for $100,000 merchandise costing $70,000 to the subsidiary, which still held 20% of this merchandise at the end of the year. Assume that the tax rate is 25 % and separate tax returns are filed. What deferrred income tax asset is created? A. 0 B. $300 C.$1,500 D. $7,500

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