Question: 500 (44) 456 (38) $418 t difference The cumulative temporary difference to date is $60 million (also the future taxable amount. The enacted tax rate

500 (44) 456 (38) $418 t difference The cumulative temporary difference to date is $60 million (also the future taxable amount. The enacted tax rate is 40%, what deferred tax asset or liability to be reported in the balance sheet? (Enter your answer in million rounded to decimel place 5,500,000 should be entered as 5.5)

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