Hopkins co. at the end of 2017, its first year of operations, prepared a reconciliation between pretax financial income and taxable income as follows: pretax financial $3,000,000estimated litigation ,000,000extra depreciation for ,000,000)taxable $100,000the estimated litigation expense of $4,000,000 will be deductible in 2018 when it is expected to be paid. use of the depreciable assets will result in taxable amounts of $2,000,000 in each of the next three years. the income tax rate is 30% for all years. the deferred tax liability to be recognized is1. $900,000.2. $1,200,000.3. $1,800,000.4. $1,500,000.

$1,200,000

Explanation:

Estimated Letigation Expenses      4,000,000.00

Tax Rate                                               30%

Deferred Tax Assets                       1,200,000.00

Estimated Litigation Expenses which is disallowed for tax purposes will be future deductible expenses when we will make the actual payment of the liability. So the Tax liability in the future year will decrease, so we will make the Deferred Tax Assets for this.

Therefore, The deferred tax liability to be recognized is 1,200,000

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.