Staples Corporation would have had identical pretax income on both its income tax returns and its income statements for Year $1$ through Year $4$ except for a depreciable asset that cost $$360,000.$ The asset was depreciated for income tax purposes at the following amounts: Year $1,$$$144,000$; Year $2,$ $$108,000$; Year $3,$$$72,000$; and Year $4,$$$36,000.$ However, for accounting purposes the straight$-$line method was used, resulting in $$90,000$ per year. The accounting and tax periods both end December $31.$ There were no deferred taxes at the beginning of Year $1.$ The depreciable asset has a four$-$year estimated life and no residual value. The tax rate for each year was $25\%.$ Pretax GAAP income for each of the four years follows.

$\backslash$table$[[$Year$,$Pretax GAAP income$],[$Year $1,$$$690,000$