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n the notes to its Year 8 financial statements, Joli Roma corp. (the Company), a major U.S, oil producer, provides the following disclosure regarding the deferred tax asset and liability accounts at December 31 of Year 8 . 3. What is the total of deferred tax liability at December 31 of Year 8 ? What is the total of deferred tax asset? What is the net amount of deferred tax asset or liability reported on the Company's December 31 of Year 8 balance sheet? Note: Do not use a negative sign with your answers. . Assuming a federal tax rate of 35%, estimate the amount of temporary difference arising from GAAP versus tax differences for depreciable assets hat exists for the Company at December 31 of Year 8 . Note: Round your answer to the nearest million dollars. Estimated amount of temporary difference arisising from GAAP versus tax differences for depreciable assets: 5 n the notes to its Year 8 financial statements, Joli Roma corp. (the Company), a major U.S, oil producer, provides the following disclosure regarding the deferred tax asset and liability accounts at December 31 of Year 8 . 3. What is the total of deferred tax liability at December 31 of Year 8 ? What is the total of deferred tax asset? What is the net amount of deferred tax asset or liability reported on the Company's December 31 of Year 8 balance sheet? Note: Do not use a negative sign with your answers. . Assuming a federal tax rate of 35%, estimate the amount of temporary difference arising from GAAP versus tax differences for depreciable assets hat exists for the Company at December 31 of Year 8 . Note: Round your answer to the nearest million dollars. Estimated amount of temporary difference arisising from GAAP versus tax differences for depreciable assets: 5