At the end of 2024, Lewis and the News Company has a deferre…
At the end of 2024, Lewis and the News Company has a deferred tax asset account with a balance of $105,000 due to a single cumulative temporary difference. The Company recorded a valuation allowance of $15,400 related to this deferred tax asset. During 2025, the same temporary difference increased by $190,000. At the end of 2025, the Company determined that it is more likely than not that one-tenth of the related deferred tax asset will not be realized. The tax rate for all years is 20%. What net amount of deferred tax benefit will the Company record in 2025?