During $2025,$ Sage Co$.\text{'}$s first year of operations, the company reports pretax financial income at $$249,000.$ Sage's enacted tax rate is

$45\%$ for $2025$ and $20\%$ for all later years. Sage expects to have taxable income in each of the next $5$ years. The effects on future tax

returns of temporary differences existing at December $31,2025,$ are summarized as follows.

$($a$)$

Your answer is correct.

Complete the schedule below to compute deferred taxes at December $31,2025.($Negative amounts using either a negative sign

preceding the number e$.$g$.-45$ or parentheses e$.$g$.(45).)$

List of Accounts

$($b$)$

X Your answer is incorrect.

Compute taxable income for $2025.$

Taxable income for $2025$$