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[The following information applies to the questions displayed below.] What book-tax differences in...

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Accounting

[The following information applies to the questions displayed below.]
What book-tax differences in year 1 and year 2 associated with its capital gains and losses would ABD Incorporated report in the following alternative scenarios? Identify each book-tax difference as favorable or unfavorable and as permanent or temporary.
Note: Leave no answer blank. Enter zero if applicable and select "Not applicable" if no effect.
f. Answer for year 7 only.
\table[[Capital gains,Year 1,Years 2-6,Year 7],[Capital losses,10,000,$0,$15,000
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