The accounting records of Cullumber Corp., a real estate developer, indicated income before income tax of $$861,000$ for its year

ended December $31,2023,$ and of $$534,000$ for the year ended December $31,2024.$ The following data are also available.

Cullumber pays an annual life insurance premium of $$10,300$ covering the top management team. The company is the named

beneficiary.

The carrying amount of the company's property, plant, and equipment at January $1,2023,$ was $$1,269,000,$ and the UCC at

that date was $$994,000.$ Cullumber recorded depreciation expense of $$170,000$ and $$191,000$ in $2023$ and $2024,$

respectively. CCA for tax purposes was $$194,000$ and $$169,500$ for $2023$ and $2024,$ respectively. There were no asset

additions or disposals over the two$-$year period.

Cullumber deducted $$214,000$ as a restructuring charge in determining income for $2022.$ At December $31,2022,$ an accrued

liability of $$198,000$ remained outstanding relative to the restructuring, which was expected to be completed in the next

fiscal year. This expense is deductible for tax purposes, but only as the actual costs are incurred and paid for. The actual

restructuring of operations took place in $2023$ and $2024,$ with the liability reduced to $$68,000$ at the end of $2023$ and to $$0$ at

the end of $2024.$

In $2023,$ property held for development was sold and a profit of $$58,000$ was recognized in income. Because the sale was

made with delayed payment terms, the profit is taxable only as Cullumber receives payments from the purchaser. A $10\%$

down payment was received in $2023,$ with the remaining $90\%$ expected in equal amounts over the following three years.

Non$-$taxable dividends of $$3,280$ in $2023$ and of $$3,470$ in $2024$ were received from taxable Canadian corporations.

In addition to the income before income tax identified above, Cullumber reported a before$-$tax gain on discontinued

operations of $$17,700$ in $2023.$

A $30\%$ rate of tax has been in effect since $2021.$

Determine the balance of any deferred tax asset or liability accounts at December $31,2022,2023,$ and $2024.($Enter deferred tax

liabilities using either a negative sign preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).)$

$2022$

$2023$

PP&E

Restructuring Liability

Deferred Gross Profit on Property Sale