EX: beggining reported $130,000 revenue 2020, reported only $100.000 taxable revenue. Carrying amount $30,000, tax 25%. Tax base of asset= 0. taxable remporary differnece= carrying amount less tax base= 30.000. end of 2020 = 30,000* 25%= 7500. entry deffered tax expenses, deffered tax libaility 7500