For its first year of operations, marcus corporation reported pretax accounting income of $274,800. however, because of a temporary difference in the amount of $19,200 relating to depreciation, taxable income is only $255,600. the tax rate is 39%. what amount should marcus report as its deferred income tax liability in its balance sheet at the end of that year?

The owner of firewood to go is considering buying a hydraulic wood splitter which sells for $50,000. he figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. if, for this machine, design capacity is 50 cords per day, effective capacity is 40 cords per day, and actual output is expected to be 32 cords per day, what would be its efficiency?