1. A company ends each year with the following deferred balances: 20X1 20X2 Deferred income tax liability, noncurrent $40,000 $59,000 Deferred income tax asset, noncurrent $18,000 $17,000 3. There is a valuation allowance on the deferred asset for $6,000 at the end of 20X1 but there is no similar balance at the end of 20X2. On its 20X2 income statement, what is reported as Income Tax Expense-Deferred ? $9,000 $18,000 $23,000 $14,000