At the end of December 2013, Rosenfeld Co. had $10,000 of Deferred Tax Assets related to its Allowance for Doubtful Accounts. In response to low public approval ratings (and after a particularly boisterous holiday party), the US Congress passed a law to reduce the Federal Statutory Tax Rate from 35% to 20% on December 31, 2013. As a US company, Rosenfeld had to immediately adjust the balance of its DTAs based on the new law.

Which of the following items would bedecreasedby the entry to adjust the balance in Deferred Tax Assets? (check all that apply)

Deferred Tax Assets

Income Tax Payable

Cash from Operating Activities

Income Tax Expense

Net Income