Question: Chapter 9 Graded Homework Question list Question 3, E9-22A (similar to) Part 1 of 2 Moraga Transportation owns a feet of 51 semi-trucks. The original

Chapter 9 Graded Homework Question list Question 3, E9-22A (similar to) Part 1 of 2 Moraga Transportation owns a feet of 51 semi-trucks. The original cost of the feet was $9.180,000. Moraga uses straight-line depreciation for the fleet for accounting purposes, and MACRS depreciation for tax purposes. The company had a deferred tax liability balance of $250,000 at the end of fiscal year 2020 related to the fleet Update Apple ID Settings HW Score: 0%, 0 O Points: 0 of 1 View available until you sign in again At the end of facal year 2021, the GAAP book value of the fleet was $6.500.000, while the tax book value was $5,910,000. Moraga's taxable income for fiscal year 2021 was $6,200,000. Its tax rate was 40% Read the requirements O Question 1 Question 2 Requirement 1. Calculate the deferred tax liability related to the fleet as of the end of fiscal year 2021. The deferred tax liability as of the end of fiscal year 2021 Question 3 Help me solve this Etext pages Get more help. Requirements 1. Calculate the deferred tax liability related to the feet as of the end of fiscal year 2021 2. Record the tax accrual for 2021 as of the end of fecal year 2021. Print Done Clear all Check

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