westion 1 ot yet swered Dints out of 00 Flag question estion 2 ot yet aswered ints out of Indicate whether Accrued Revenues and Prepaid Expenses result in Deferred Tax Assets (DTAs) or Deferred Tax Liabilities (DTLS): Select one: Oa. Both result in DTAS O b. Both result in DTLS. Oc Accrued Revenues result in DTAS, Prepaid Expenses result in DTLS. O d. Accrued Revenues result in DTLS, Prepaid Expenses result in DTAs. Bedford had this info at the end of 2023, its first year of operations: Pretax book income Estimated litigation expense Excess of tax over book depreciation 20 Flag question Interest Income on municipal bonds $900,000 100,000 300,000 200,000 No other permanent or temporary differences exist. The litigation item will be paid in 2026. The depreciation will reverse evenly over the next three years. Tax rate is 30%. Future net income is probable. The 12/31/23 Income Tax Payable is: Select one: O a. $90,000 O b. $150,000 O c. $180,000 Od. $240,000 O e. $120,000