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Business, 28.05.2021 01:10 Gattuso

Pretax accounting income $ 310,000 Permanent difference (14,700 ) 295,300 Temporary difference-depreciation (20,900 ) Taxable income $ 274,400 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its deferred income tax liability as of the end of its first year of operations

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Pretax accounting income $ 310,000 Permanent difference (14,700 ) 295,300 Temporary difference-depre...
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