Cullumber Corporation's only temporary difference at the beginning and end of $2024$ is caused by a $$2\mathrm{.}10$ million litigation accrual

that is expected to be settled in $2026.$ The related deferred tax asset at the beginning of the year is $$840,000.$ In the third quarter of

$2024,$ a new tax rate of $20\%$ is enacted into law and is scheduled to become effective for $2026.$ Taxable income for $2024$ is $$6,090,000,$

and taxable income is expected in all future years.

$($a$)$

Your answer is incorrect.

Determine the amount reported as a deferred tax asset at the end of $2024.$

Deferred tax asset