Question: Pharoah Co . , organized on January 2 , 2 0 2 5 and had pretax accounting income of $ 1 0 0 0
Pharoah Co organized on January and had pretax accounting income of $ and taxable income of $ for the year ended December The only temporary difference is accrued product warranty costs which are expected to be paid as follows: The enacted income tax rates are for for through and for If Pharoah expects taxable income in future years, the deferred tax asset reported on Pharoah's December balance sheet should be $$$$
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