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Chapter 16 Exercise/Problem Assignments Saved Help Save & Exit Submit Check my work 7 Four independent situations are describ

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Situation
1 2 3 4
a. Income tax payable currently $34.00 $86.00 $78.00 $104.00
b. Deferred tax asset - Ending balance $6.00 $0.00 $8.00 $8.00
c. Deferred tax asset - Change $4.00 $0.00 -$1.00 $4.00
d. Deferred tax liability - Ending balance $0.00 $6.00 $6.00 $12.00
e. Deferred tax liability - Change $0.00 $4.00 $4.00 $12.00
f. Income tax expense $30.00 $90.00 $83.00 $112.00

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