Question: On its 2 0 2 4 income statement, SwiftTech discloses $ 7 2 0 , 0 0 0 of pre - tax financial income. Based

On its 2024 income statement, SwiftTech discloses $720,000 of pre-tax financial income. Based on historical patterns, SwiftTech anticipates that collections for sales on account during 2024 will be $22,000 in 2025, $18,000 in 2026, and $15,000 in 2027. SwiftTech reports $40,000 in tax-exempt revenues from investments in municipal bonds. The tax rate is 21% in all years.
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Question 13 pts
What is the total amount of deferred taxes in 2024? Indicate a debit with a positive number and a credit with a negative number.

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