Your client, a publically-traded company, in 2019 acquires $2.5
million of fixed assets. All of these assets are 5 year class MACRS
property. The first three years of MACRS depreciation are: First
Year $625,000; Second Year 750,000; Third Year $450,000. For book
purposes, the company uses a 10 year useful life, straight-line
depreciation with no salvage value. Obviously, these assets will
create a DTL. How should the DTL be presented for these assets at
the end of year 2? Ignore...