In 2018 XYZ purchased equipment for $9,000 that will be
In 2018 XYZ purchased equipment for $9,000 that will be depreciated for ï¬Ânancial statements and taxpurposes as follows: 201 8 2019 2020Financial Statement $3,000 $3,000 $3,000Tax Return $5,000 $2,500 $1,500 Compute the amount of the Deferred Tax Liability as of 12f31f18 under the following three independentassumptions: Assumption 1 – The tax rate in 2018 is 30% and this rate is expected to remain constant for […]