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

	Income Statement						Tax Return
		Revenue			Expense			Revenue			Expense
(1.)	$	15,000
(2.)										$	15,000
(3.)				$	15,000		$	14,000
(4.)	$	14,000		$	15,000		$	7,000		$	12,000

Required:

For each situation, determine the taxable income assuming pretax accounting income is $100,000. (Amounts to be deducted should be indicated by a minus sign.)

1 2 3 4 Accounting income Temporary differences: Income statement first Revenue Expense Tax return first: Revenue Expense Taxable income