Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: (5 in thousands) Situation 2 3 $149 $343 $355 452 36 31 31 62 Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the year: Deferred tax asset Deferred tax liability 5.2 .2 5. 25 25 5.2 10.4 5.2 The enacted tax rate is 40%. Required: For each situation, determine the following: (Enter your answers in thousands rounded to one decimal place fie. 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.). Answer is not complete. Situation Income tax payable currently Deferred tax asset-balance Deferred tax asse-change Deferred tax liability-balance Deferred to ability change $ 596513725 1420 $ 1808 $ 124 $ 144S 1440 $ 72 $(106) $ 4 $ 124 S 124 $ 248 $ 720 $ 725 248 5. 7925144 45 165 45 2096 Income tax expense