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A reconciliation of reaker company pretax accounting income with its taxable income for 2008, its first year of operations is as follows:
A reconciliation of reaker company pretax accounting income with its taxable income for 2008, its first year of operations is as follows:3000000(90000)2910000the excess tax depreciation will result in equal net taxable amounts in each of the next threee years. enacted tax rates are 40% in 2008, 35% in 2009 and 2010, and 30% in 2011. The total deferred tax liability to be reported on reaker's balance sheet at ddecember 31, 2008 is?