tion 5 t yet its out of Flag question The Destin Company has one temporary difference of $160 caused by accelerated tax depreciation on 12/31/21. The difference will reverse evenly over the next four years. Tax Rates are 20% in 2021, 30% in 2022, and 40% in 2023 and beyond. Pretax book income in 2021 is $1,000. What is 2021 Income Tax Expense? Select one: Oa. $260 Ob. $290 Oc. $108 O d. $228 O e. $212 ion 6 et red out of Question A $120 temporary difference existed for the Orland Company, caused by accelerated tax depreciation on 12/31/24. The difference will reverse evenly over the next three years. Tax Rates are 30% in 2024, 25% in 2025, and 20% in 2026 and beyond. Pretax book income in 2024 is $1,000. What is 12/31/24 Income Tax Payable? Select one: a. $315 O b. $291 O c. $297 Od. $300 O e. $264 7 t of Jestion A potential loss carryforward can result in a Select one a. DTA or DTL Ob. DTA, but not a DTL O c. DTL, but not a DTA O d. Neither a DTA nor a DTL