Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: (s in thousands) Situation 3 $295 $295 $380 $125 25 30 30 2525 Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the year: Deferred tax asset Deferred tax liability The enacted tax rate is 40%. 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 "0" wherever applicable.) Situation a. Income tax payable currently b. Deferred tax asset-balance. c. Deferred tax asset-change d. Deferred tax liability-balance. e. Deferred tax liability-change f. Income tax expense