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Business, 28.10.2020 16:50 j015

Grouper Corporation began operations in 2020 and reported pretax financial income of $218,000 for the year. Groupers tax depreciation exceeds its book depreciation by $40,000. Groupers tax rate for 2020 and years thereafter is 30%. In its December 31, 2020, balance sheet, what amount of deferred tax liability should be reported

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