Information for kent corp. for the year 2016: reconciliation of pretax accounting income and taxable income: pretax accounting income $180,900

permanent differences (15,500)

165,400

temporary difference-depreciation (12,900)

taxable income $152,500

cumulative future taxable amounts all from depreciation temporary differences:

as of december 31, 2015 $13,400

as of december 31, 2016 $26,300

the enacted tax rate was 30% for 2015 and thereafter. what should be the balance in kent's deferred tax liability account as of december 31, 2016?

1. $5,360.

2. $7,890.

3. $26,300.

Question 3 options: ps.55 four corners is an ibc company that sells delicious navajo tacos in the crossroads food court. part of their success can be attributed to the freshly fried indian bread that is used not only for the tacos, but also for dessert items. as demand grows the fry-bread process is becoming a bottleneck. operations management for the company is looking at two different process options to replace the highly manual process currently being used. option 1 (medium automation) would cost $175 to implement whereas option 2 (high automation) would cost $350. with option 1 the variable cost per fry bread produced would be $0.20. the variable cost for option 2 would be $0.09 per fry bread. at what volume (demand) of fry breads is the cost for the two options the same? (display your answer to two decimal places.)