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Robinson Company had a net deferred tax liability of $34,204 at the beginning of the year, representing a net taxable temporary difference of $100,600 (taxed

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Robinson Company had a net deferred tax liability of $34,204 at the beginning of the year, representing a net taxable temporary difference of $100,600 (taxed at 34%) During the year, Robinson reported pretax book income of $400,600. Included in the computation were favorable temporary differences of $50,600 and unfavorable temporary differences of $20,300. During the year. Congress reduced the corporate tax rate from 34% to 21%. Robinson's deferred income tax expense or benefit for the current year would be Multiple Choice Net deferred tax benefit of $6.363. Net deferred tax expense of $6,363. Net deferred tax benefit of $6,715. Net deferred tax expense of $6,715

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