Question:Among the items reported on Cord, Inc.'s income statement for the year ended December 31, 2007 were the following: Amortization of goodwill acquired in 1992 $10,000 Insurance premium on the life of an officer. $5,000 Cord is the owner and beneficiary. Temporary differences amount to: 

A $0 

B $5,000 

C $10,000 

D $15,000 

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