1. Easterly Inc. experiences a net operating loss in 2020 of $35,000. In 2021, Eastern Inc. rebounds with earnings before taxes of $20,000. Easterly estimates it will have $15,000 in taxable income in 2022 and $10,000 in 2023. Easterlys tax rate is 25% for years 2020-2021 and 30% for years 2022 and after. The company determines that no valuation allowance for any deferred tax assets is required. Assume no deferred income taxes before 2020. All tax rates were enacted in 2020

   What amount should Eastern Inc. recognize as current in income tax payable and ending DTA for 2021 if these future taxable amounts are met?

   	a.	Current Payable of 0 and DTA 9,700 at Dec. 31, 2021
   	b.	Current Payable of 5,000 and DTA 8,700 at Dec. 31, 2021
   	c.	Current Payable of 1,200 and DTA 4,750 at Dec. 31, 2021
   	d.	Current Payable of 1,000 and DTA 5,700 at Dec. 31, 2021