Deferred Income Tax liability

800,000
-

300,000 =
500,000
1,300,000 -

700,000 =
600,000

1,100,000
✗ 251
.

275,00£
 600,000
60,000
120,000
100,000
320,000
✗ 301 .

96,000
 100,000
( 20,000)

80,000
301 .

24,000

12,000
✗ 251 .

3. 000
 non
taxable

Est
70,000
.

Pretax 800,000 Tax

payment
( 350,000) nontaxable
50,00£ current
450,000 tax

150,000) excess liability

400,000 taxable income
120,000 1400K ✗ 301) CTE
rent income recognized 18,000 ( 36.000 )×

rent taxable
6/12
( 36,000 )
18,000
✗ 401 .

7,20£
pretax 100,000
8,000

-
135,000)
73,000
5. ON (25,010 × -20)-(1--80)
78,000
✗ -30

23,40hL
 650 i 000
✗ .
30 / .

195,1C

25,000
✗ 351 .