In 2013, JMR Corp

In 2013, JMR Corp.set up a deferred income tax benefit of a tax loss carry forward as the probability of realization was greater than 50%.It is now the end of 2013 and management has determined that 50% of the benefit will not be realized.Management should:

A) Write down the entire benefit.
B) Continue to carry the total deferred income tax benefit of the tax loss carry forward.
C) Write down 50% of the benefit.
D) None of these statements are correct.