Estimated income taxes on the difference between the estimated current values of assets and the estimated current amounts of liabilities and their tax bases .We have the current values of assets & liabilities, but don't have the tax bases. I searched this example just to show the presentation.... Apologies for any confusion!

Regarding "presentation" of estimated tax between liabilities and net worth, many accountants have a different view. It's more of a deferred tax liability and should be presented as part of liabilities

My study material also presents it as part of liabilities...

Any one has a second opinion?