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Compute the corporation net deferred income tax expense

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Question - Greenview Corporation reported pretax book income of $800,000 in 2021. During the current year, the reserve for warranties increased by $25,000. In addition, tax depreciation exceeded book depreciation by $100,000. Finally, the corporation incurred a non-deductible premium of $10,000 related to an insurance policy on the life of one of its officers. Compute the corporation's net deferred income tax expense or benefit for 2021?

Reference no: EM133153090

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