B&B Inc.'s taxable income is computed as follows: 
UB&B's tax rate is 21%.Which of the following statements is true?
A) The temporary differences caused a $168,441 net decrease in B&B's deferred tax liabilities.
B) The permanent differences caused a $93,996 net increase in B&B's deferred tax assets.
C) The permanent differences caused a $93,996 net decrease in B&B's deferred tax assets.
D) The temporary differences caused a $168,441 net increase in B&B's deferred tax liabilities.
Correct Answer:
Verified
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