Question: David McDowell co establishes a $ 1 1 2 , 0 0 0 , 0 0 0 liability at the end of 2 0 2

David McDowell co establishes a $112,000,000 liability at the end of 2020 for estimated site-cleanup costs at two of its manufacturing facilities. All related closing costs will be paid and deducted on the tax return in 2021. Indicate how the deferred taxes computed above are to be reported on the balnce sheet

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