Which of the following usually results in an increase in a deferred tax asset?

Multiple Choice

• Installment sales for which taxable income recognized when cash is collected.
• Unrealized loss from recording inventory impairments.
• None of these answer choices are correct.
• Unrealized gain from recording investments at fair value.

27.Illini switched from the sum-of-the-years-digits depreciation method to straight-line depreciation in 2018. The change affects a tool purchased at the beginning of 2016 at a cost of $79,200. The tool has an estimated life of five years and an estimated residual value of $3,960. What is Illini's depreciation expense on the tool in 2018?

Multiple Choice

• $20,064.
• $10,032.
• $21,120.
• $15,048.