Question $8$ of $20$

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Operating income and tax rates for B$.$J$.$ Company's first three years of operations were as follows:

Assuming that B$.$J$.$ Company opts only to carryforward its $2025$ NOL, what is the amount of deferred tax asset or liability that B$.$J$.$

Company would report on its December $31,2025$ balance sheet?

Amount

Deferred tax asset

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Current Attempt in Progress

Operating income and tax rates for B$.$J$.$ Company's first three years of operations were as follows:

Company would report on its December $31,2025$ balance sheet?

$$220000,$ Deferred tax asset

$$330000,$ Deferred tax asset