Sol Limited. reported earnings of $$480,000$ in $20$X$8.$ The company has $$88,000$ of depreciation expense this year, and claimed CCA of $$136,000.$ The tax rate was $25\%.$ At the end of $20$X$7,$ there was a $$116,000$ loss carryforward that was not recorded because use was considered less than probable. The company also reported a deferred tax liability of $$68,000$ caused by capital assets with a net book value of $$1,280,000$ and UCC of $$980,000.$ The tax rate had been $20\%$ in $20$X$7.$