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Conn-Fuzing Co.'s taxable income is $30,000. They used the following tax rates: 30 percent (2012), 35 percent (2013), and 40 percent (2014)....

10.  Conn-Fuzing Co.'s taxable income is $30,000. They used the following tax rates: 30 percent (2012), 35 percent (2013), and 40 percent (2014). Conn-Fuzing Co. has the following depreciation information: (a) 2012 tax depreciation of $5,000 and book depreciation of $2,500 (b) 2013 tax depreciation of $6,000 and book depreciation of $3,800 (c) 2014 tax depreciation of $7,000 and book depreciation of $4,200. Given this information what amount will Conn-Fuzing record for its deferred tax liability for 2012? 

      A. $1,120

  B. $750

  C. $9,000

  D. $2,640

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