Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the year: Deferred tax asset Deferred tax liability ($ in thousands! Situation 2 3 4 $140 $272 $388 $428 16 20 20 16 16 84 2 4 8 23 2 The enacted tax rate is 25% Required: For each situation, determine the following: (Enter your answers in thousands rounded to one decimal place (.e. 1,200 should be entered as 1.2). Negative amounts should be indicated by a minus sign. Leave no cell blank, enter "o" wherever applicable.) Situation 2 3 a. Income tax payable currently b. Deferred tax asset-ending balance c. Deferred tax asse change a. Deferred tax liability ending balance e. Deferred tax liability-change. f. Income tax expense