The book of basis of depreciatable assets of Metlock Co. is $882,000, and the tax...

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Accounting

The book of basis of depreciatable assets of Metlock Co. is $882,000, and the tax basis is $686,000 at the end of 2026. The enacted tax rate is 17% for all periods. Determine the amount of deferred taxes to be reported on the balance sheet at the end of $2026

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