Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences:

	($ in thousands)
	Situation
	1			2			3			4
Taxable income	$	137		$	319		$	325			$416
Future deductible amounts		28						33			33
Future taxable amounts					28			28			56
Balance(s) at beginning of the year:
Deferred tax asset		4.6						22			9.2
Deferred tax liability					4.6			4.6

The enacted tax rate is 40%.

Required:

For each situation, determine the following: (Enter your answers in thousands rounded to one decimal place (i.e. 1,200 should be entered as 1.2).)

		Situation
		1	2	3	4
a.	Income tax payable currently.
b.	Deferred tax assetbalance.
c.	Deferred tax assetchange
d.	Deferred tax liabilitybalance.
e.	Deferred tax liabilitychange
f.	Income tax expense.