Question: On January 1, 2011, what amount should Warren report as deferred income tax liability as a result of the change? a. $120,000 b. $ 72,000

On January 1, 2011, what amount should Warren report as deferred income tax liability as a result of the change?

a. $120,000

b. $ 72,000

c. $ 36,000

d. $0

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