For its first year of operations, tringali corporation's reconciliation of pretax accounting income to taxable income is as follows: pretax accounting income $ 360,000 permanent difference (15,600 ) 344,400 temporary difference-depreciation (19,100 ) taxable income $ 325,300 tringali's tax rate is 31%. assume that no estimated taxes have been paid. what should tringali report as its deferred income tax liability as of the end of its first year of operations?

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.