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Current Attempt in Progress

Sunland Co$.,$ organized on January $2,2025$ and had pretax accounting income of $$900000$ and taxable income of $$2820000$ for the

year ended December $31,2025.$ The only temporary difference is accrued product warranty costs which are expected to be paid as

follows:

The enacted income tax rates are $25\%$ for $2025,20\%$ for $2026$ through $2028,$ and $15\%$ for $2029.$ If Sunland expects taxable income in

future years, the deferred tax asset reported on Sunland's December $31,2025$ balance sheet should be

$$249600.$

$$312000.$

$$350400.$

$$480000.$