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In 2020, Tamarisk Corporation had pretax financial income of $ 176,000 and taxable income of $ 131,000. The difference is due to the use of different depreciation methods for tax and accounting purposes. The effective tax rate is 20%. Compute the amount to be reported as income taxes payable at December 31, 2020. Income taxes payable at December 31, 2020 $ $ Skysong Corporation began operations in 2020 and reported pretax financial income of $ 228,000 for the year. Skysong's tax depreciation exceeded its book depreciation by $ 38,000. Skysong's tax rate for 2020 and years thereafter is 30%. In its December 31, 2020, balance sheet, what amount of deferred tax liability should be reported? Deferred tax liability to be reported $