) Listed in the table below are items that are treated differently for accounting purposes than they are for tax purposes. Indicatewhether it is aPermanent or Reversible difference and itwill makea deferred tax asset (DTA) or a deferred tax liability (DTL).

Item Permanent or Reversible difference; DTA or DTL (if Reversing difference) 1. The excess amount of accrued pension expense over the amount paid. 2. The estimated gross prot on a long term construction contract that is reported in the income statement, with some of the prot being deferred for tax purposes. 3. Penalty assessed by CRA for late submission of income tax return