quinn co. reported a net deferred tax asset of $9,000 in its december 31, year 1, balance sheet. for year 2, quinn reported pretax financial statement income of $300,000. temporary differences of $100,000 resulted in taxable income of $200,000 for year 2. at december 31, year 2, quinn had cumulative taxable differences of $70,000. quinn's effective income tax rate is 30%. in its december 31, year 2, income statement, what should quinn report as deferred income tax expense?
