$\backslash$table$[[,\backslash$table$[[$Straight$-$Line$],[$Depreciation$]],\backslash$table$[[$Accelerated$],[$Depreciation$]]],[$Year $1$dots.. $.....................................................,$$ $8,333,$$ $16,667],[$Year $2...............................................,16,666,27,778],[$Year $3.,16,667,18,519],[$Year $4..,16,667,12,347],[$Year $5..,16,667,8,230],[$Year $6.,16,667,8,230],[$Year $7.,8,333,8,229],[$$$100,000,$$$100,000]]$

Required

Assuming a $30$ percent effective tax rate, prepare a schedule illustrating the deferred income tax effects for Year $1$ through Year $7$ associated with this asset. Which are more likely to be favorably viewed by the capital markets$-$deferred income tax assets or deferred income tax liabilities?

Fill in the following table for $P10-23$:

$\backslash$table$[[$Year$,$GAAP,Tax,$\backslash$table$[[$Temporary$],[$Difference$]],\backslash$table$[[$Tax Effect$],[(30\%)]],$Def Tax Liab$],[1,8,333,16,667,,,],[2,16,666,27,778,,,],[3,16,667,18,519,,,],[4,16,667,12,347,,,],[5,16,667,8,230,,,],[6,16,667,8,230,,,],[7,8,333,8,229,,,],[$Total$,100,000,100,000,,,]]$