<Table> <Tr> <Th> </Th> <Th> Purchase </Th> <Th> Year 1 </Th> <Th> Year 2 </Th> <Th> Year 3 </Th> <Th> Year 4 </Th> </Tr> <Tr> <Th> Accounting value </Th> <Td> $1,000 </Td> <Td> $800 </Td> <Td> $600 </Td> <Td> $400 </Td> <Td> $200 </Td> </Tr> <Tr> <Th> Tax value </Th> <Td> $1,000 </Td> <Td> $750 </Td> <Td> $563 </Td> <Td> $422 </Td> <Td> $316 </Td> </Tr> <Tr> <Th> Taxable / (deductible) temporary difference </Th> <Td> $0 </Td> <Td> $50 </Td> <Td> $37 </Td> <Td> $(22) </Td> <Td> $(116) </Td> </Tr> <Tr> <Th> Deferred tax liability / (asset) at 35% </Th> <Td> $0 </Td> <Td> $18 </Td> <Td> $13 </Td> <Td> $(8) </Td> <Td> $(41) </Td> </Tr> </Table> <Tr> <Th> </Th> <Th> Purchase </Th> <Th> Year 1 </Th> <Th> Year 2 </Th> <Th> Year 3 </Th> <Th> Year 4 </Th> </Tr> <Tr> <Th> Accounting value </Th> <Td> $1,000 </Td> <Td> $800 </Td> <Td> $600 </Td> <Td> $400 </Td> <Td> $200 </Td> </Tr> <Tr> <Th> Tax value </Th> <Td> $1,000 </Td> <Td> $750 </Td> <Td> $563 </Td> <Td> $422 </Td> <Td> $316 </Td> </Tr>

How to account for a deferred tax asset