Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

تمرين 8

Marc, Inc., owns 75 percent of SRS Company. During the current year, SRS reported net income of $415,000 but paid a total cash dividend of only $110,000. What deferred income tax liability must be recognized in the consolidated balance sheet Assume the tax rate is 40 percent.
A) $25,380.
B) $18,300.
C) $22,140.
D) $41,340.