A deferred tax liability would arise from the following transaction: 1. ABX Corporation reports amortization expense of $35,000 on its tax return, but recognizes no impairment loss for accounting purposes. 2. ABX Corp. deducts 50 percent of meals and entertainment on its income tax return. 3. ABX Corp. does not deduct interest expense incurred in carrying tax-exempt bonds on its income tax return. 4. ABX Corp. does not deduct a $1,000 fine for failing to prepare certain business filings on its income tax return