14:10 eclass.alquds.edu In 2018 X company reported net income $80,000, during the year 2018 there is one temporary difference reduce the net income by $20,000, this difference will reversed in 2019 by $8,000 and in 2020 by $12,000, the taxable income in 2019 was $100,000 and in 2020 was $120,000 and applied tax rate is 20%, compute net ?income in 2019 $108,000.a $92,000.b $88,000.c 8 1 On January 1, 2017, X company signed a contract to lease Y company an equipment with annual payment of $8,000 for 5 years will be paid at the end of each year, usefullife is 6 years when the discount rate is 10%, compute the ending balance of leased liablity on Dec. 31,2017 after first payment assuming no salvage ?value $25,361.a $28,695.b. .$36,000.c