At the beginning of Year $1,$ Erving Corporation purchased new machinery at a cost of $$108,000.$ The company uses straight$-$line depreciation for financial statement purposes and MACRS for tax purposes. The machinery has a useful life of five years, with no salvage value. The depreciation expense amounts for both methods for new machinery are presented below:

Date Straight$-$Line MACRS

Year $1$ $$21,600$ $$21,600$

Year $221,60034,560$

Year $321,60020,736$

Year $421,60012,441$

Year $521,60012,441$

Year $606,222$

Near the end of Year $3,$ Erving collected $$31,500$ of rent in advance from a neighboring business that rented parking spaces owned by Erving. Of this amount, $$6,150$ was earned in Year $3$ and the balance in Year $4.$ Federal tax laws require cash received in advance to be recognized when received. Accrual basis accounting is used for financial reporting purposes. The tax rate is $20\%.$

Presented are condensed income statements of Erving for the last three years, which include the effects of depreciation on the new machine and the rental income earned:

Year $3$ Year $2$ Year $1$

Revenues $$725,000$ $$652,500$ $$705,000$

Expenses $468,000360,000420,000$

Income before taxes $ $257,000$ $$292,500$ $$285,000$

A$)$ What is the balance of the Deferred Income Tax account$($s$)$ at the end of Year $3?$

B$)$ What is income tax expense for Year $3$ and income tax payable at the end of Year $3?$