Exercise 16-10 (Algo) Calculate income tax amounts under various circumstances [LO16-2, 16-3] Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: (5 in thousands situation 3188 10 $240 5244 20 16 333 20 52 16 Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the years Deferred tax asset Deferred tax liability 4 15 2 The enacted tax rate is 25% Required: For each situation determine the following (Enter your answers in thousands rounded to one decimal place (le. 1.200 should be entered as 12). Negative amounts should be indicated by a minus sign. Leave no cell blank, enter "0" wherever applicable.) Income tax payable currently 6. Deferred tax asset-ending balance c Deferred tax asse-chango Deferred tax liability ending balance e Deferred tax liability-change Income tax expense 5 $ 00 00