Marsh Corp. reported a deferred tax asset of $24,000 in 20X2, caused by a warranty liability of $80,000. The tax rate was 30%. In 20X3, accounting earnings were $200,000, warranty claims paid were $70,000, and warranty expense was $35,000. The tax rate is 22%.

Required:
1. Calculate tax payable.
2. Calculate the tax basis of the warranty liability.
3. Calculate the accounting basis of the warranty liability.
4. Calculate the amount of the deferred income tax adjustment.
5. Calculate the amount of the adjustment in requirement 4 that was caused by the (a) change in the tax rate and (b) new temporary difference.
6. Calculate tax expense for 20X3.