Calculate the deferred tax liability at December 31, 20X1 based on the following: $65,000 asset acquired January 1, 20X1 The acquired asset has a zero estimated salvage value Useful life of five years for both financial reporting and tax depreciation purposes Depreciation expense for financial reporting is $13,000 per year Depreciation expense for tax is $26,000 the first year, $15,600 the second year and $9,360 the third year Tax rate of 30%

You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.