x Your answer is incorrect. Blossom Corp.'s 2021 income statement showed pretax accounting income of $1200000. To compute the federal income tax liability, the following 2021 data are provided: $87000 70000 Income from exempt municipal bonds Depreciation deducted for tax purposes in excess of depreciation deducted for financial statement purposes Estimated federal income tax payments made Enacted corporate income tax rate 140000 20% What amount of current federal income tax liability should be included in Blossom's December 31, 2021 balance sheet? TO $82600 O $68600 $100000 $208600