Lehman Corporation purchased a machine on January 2, 2020, for $4,000,000. The machine has an estimated 5-year life with no salvage value. The straight-line method of depreciation is being used for financial statement purposes and the following MACRS amounts will be deducted for tax purposes: 2020 $800,000
2023 $460,000
2021 1,280,000
2024 460,000
2022 768,000
2025 232,000

Assuming an income tax rate of 20% for all years, the net deferred tax liability that should be reflected on Lehman's balance sheet at December 31, 2021 be:

$96,000

Explanation:

Straight line depreciation = $4000000/5

Straight line depreciation = $800000

Deferred tax liability 2020 = ($800,000 - $800,000)*20% = $0

Deferred tax liability 2021 = ($1,280,000 - $800,000)*20% = $96,000

Net deferred tax liability  = $0 + $96,000 = $96,000

So, the net deferred tax liability that should be reflected on Lehman's balance sheet at December 31, 2021 will be $96,000.

ans.

heterothermic organisms include those organisms that can switch between homeothermic (having body temperature higher than environment) and poikilothermic (having variation in internal body temperature) strategies.

some migratory birds show heterothermy as they decrease their metabolic rate during cold nights to keep their body temperature low. drop in metabolic rate allows increase in production efficiency of birds that reduces the internal body temperature to make it equal to external cold temperature during cold nights.

thus, the correct answer is 'birds allow their temperature drop in order to increase their production efficiency.'