At December 31 2010 Appaloosa Corporation Had A Deferred Tax

At December 31, 2010, Appaloosa Corporation had a deferred tax liability of $25,000. At December 31, 2011, the deferred tax liability is $42,000. The corporation’s 2011 current tax expense is $48,000.

What amount should Appaloosa report as total 2011 tax expense?

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