16. XZM Corporation's tax department prepared the following reconciliation (in thou- sands of dollars) between its book and taxable income. Book income before tax Permanent differences Unfavorable temporary differences Favorable temporary differences Taxable income $22,975 839 1,800 1,471) $24,143 a. Compute XZM's federal tax payable. b. Compute the net change in XZM's deferred tax accounts. c. Compute XZM's federal income tax expense per books. d. Compute XZM's effective tax rate. 16. XZM Corporation's tax department prepared the following reconciliation (in thou- sands of dollars) between its book and taxable income. Book income before tax Permanent differences Unfavorable temporary differences Favorable temporary differences Taxable income $22,975 839 1,800 1,471) $24,143 a. Compute XZM's federal tax payable. b. Compute the net change in XZM's deferred tax accounts. c. Compute XZM's federal income tax expense per books. d. Compute XZM's effective tax rate