Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: E 16-10 Calculate income tax amounts under various circumstances LO16-2, LO 16-3 ($ in thousands) Situation $84 $216 $196 $260 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 25%. Required: For each situation, determine the: a. Income tax payable currently. b. Deferred tax asset-balance. c. Deferred tax assetchange. d. Deferred tax liabilitybalance. e. Deferred tax liabilitychange. f. Income tax expense