On$$January $1,2025,$ Piper Corp. purchased $25\%$ of the voting common stock of Betz, Inc. and appropriately accounts for its investment by the equity method. During $2025,$ Betz reported earnings of $$1,200,000$ and paid dividends of $$400,000.$ Piper assumes that all of Betz's undistributed earnings will be distributed as dividends in future periods when the enacted tax rate will be $20\%.$ Ignore the dividend$-$received deduction. Piper's current enacted income tax rate is $15\%.$ The increase in Piper's deferred income tax liability for this temporary difference is$$

Question $45$Answer

a$.$

$$160,000.$

b$.$

$$120,000.$

c$.$

$$60,000.$

d$.$

$$40,000.$