QUESTION 40 Repeated from above Rowen, Inc. had pre-tax accounting income of 51.800.000 and a tax rate of 40% in 2020, its first year of operations. During 2020 the company had the following transactions Received rent from Jane, Co. for 2021 564,000 Municipal bond income 580,000 Depreciation for tax purposes in excess of book $40,000 depreciation Installment sales revenue to be collected in 2021 $108,000 The amount of DTL shown on the balance sheet in relation to the depreciation difference is shown as current: Agree Disagree