Information for Kent Corporation for the year 2024: Reconciliation of pretax accounting income and taxable...
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Information for Kent Corporation for the year 2024: Reconciliation of pretax accounting income and taxable income: Pretax accounting income $ 180,800 Permanent differences (13,700) 167,100 Temporary difference-depreciation (11,800) Taxable income $ 155,300 Cumulative future taxable amounts all from depreciation temporary differences: As of December 31, 2023 $ 13,300 As of December 31, 2024 $ 25,100 The enacted tax rate was 22% for 2023 and thereafter. What should be the balance in Kent's deferred tax liability account as of December 31, 2024?
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