Can someone help answer and explain the question (1) please?

2. The records of D Corporation provided the following summarized data for 20X8 and 20Xg : (2) Differences: a. 20X9 expenses include an $8,000 expense that must be deducted only in 20X8. b. 20X9 revenues include a $6,000 revenue that was taxable only in 20Y0. Required: (1) For each year compute income taxes payable and deferred income tax. Is eac deferred income tax a liability or an asset? Explain. 08 hia 0% xsset