The book basis of depreciable assets for Blue Co. is $950,000, and the tax basis is $660,000 at the end of 2018. The enacted tax rate is 35% for all periods. Determine the amount of deferred taxes to...

The book basis of depreciable assets for Blue Co. is $950,000, and the tax basis is $660,000 at the end of 2018. The enacted tax rate is 35% for all periods. Determine the amount of deferred taxes to be reported on the balance sheet at the end of 2018.