Butler Company reported taxable and financial losses of $1,950,000… Butler Company

  

Butler Company reported taxable and financial losses of $1,950,000… Butler Company reported taxable and financial losses of $1,950,000 for 2020. Its pretax financial income for the last two years was as follows:2018 $ 900,0002019 1,200,000How much will the company recognize in deferred tax assets for the potential benefit related to the loss? The tax rate is 20% for all periods affected.$30,000.$0.$150,000.$390,000.           Business Accounting ACCT 2302 Share (0)