text: **I N C O M E T A X E S**
  The Company utilizes the asset and liability approach to financial accounting and reporting for income taxes. Deferred income tax assets and liabilities are 
  computed annually for differences between the financial reporting basis and the tax basis of the Company’s other assets and liabilities. These amounts are 
  based on enacted tax laws and rates applicable to the periods in which the differences are expected to affect taxable income. 