Question: Travis Co . began operations in 2 0 2 4 and reported ( $ 4 4 0 , 0 0 0 )
Travis Co began operations in and reported $ in income before income taxes for the year. Travis's tax depreciation exceeded its book depreciation by $ Travis also had nondeductible book expenses of $ related to permanent differences. Travis's tax rate for was and the enacted rate for years after is In its December balance sheet, the amount of deferred income tax liability Travis reports would be: $$$$
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