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Question 5 of 15 View Policies Deferred tax liability to be reported eTextbook and Media Current Attempt in Progress Headland Corporation began operations in 2025
Question 5 of 15 View Policies Deferred tax liability to be reported eTextbook and Media Current Attempt in Progress Headland Corporation began operations in 2025 and reported pretax financial income of $246,000 for the year. Headland's tax depreciation exceeded its book depreciation by $39,000. Headland's tax rate for 2025 and years thereafter is 30%. In its December 31, 2025, balance sheet, what amount of deferred tax liability should be reported? -/1 $ ||| 8
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