For the year ended December

$3$

$1$

$,$

$2$

$0$

$2$

$4$

$,$

$$Fidelity Engineering reported pretax accounting income of $

$1$

$,$

$0$

$0$

$8$

$,$

$0$

$0$

$0$

$.$

$$Selected information for

$2$

$0$

$2$

$4$

$$from Fidelity

$$

s records follows:

Interest income on municipal governmental bonds $

$6$

$4$

$,$

$0$

$0$

$0$

Depreciation claimed on the

$2$

$0$

$2$

$4$

$$tax return in excess of depreciation on the income statement

$8$

$8$

$,$

$0$

$0$

$0$

Carrying amount of depreciable assets in excess of their tax basis at year

$-$

end

$1$

$5$

$2$

$,$

$0$

$0$

$0$

Warranty expense reported on the income statement

$4$

$2$

$,$

$0$

$0$

$0$

Actual warranty expenditures in

$2$

$0$

$2$

$4$

$3$

$2$

$,$

$0$

$0$

$0$

Fidelity's income tax rate is

$2$

$5$

$\%$

$.$

$$At January

$1$

$,$

$2$

$0$

$2$

$4$

$,$

$$Fidelity$\text{'}$s records indicated balances of zero and $

$1$

$6$

$,$

$0$

$0$

$0$

$$in its deferred tax asset and deferred tax liability accounts, respe