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Viking Corporation reported depreciation of $250000 on its 2005 tax return. However . However, in its 2005 income statement, Viking reported...

Viking Corporation reported depreciation of $250000 on its 2005 tax return. However ... However, in its 2005 income statement, Viking reported depreciation of $100000. The difference in depreciation is a temporary difference that will reverse over time. ..... The tax rate was 35% in 2006, and 30% in 2007 and 2008. ...

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