Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: (5 in thousands) 1 $132 Situation 2 3 $264 $292 20 16 16 Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the year: Deferred tax asset Deferred tax liability 16 4 $404 20 76 2 4 21 2 8 The enacted tax rate is 25%. Required: For each situation, determine the following: (Enter your answers in thousands rounded to one decimal place (i.. 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 2 3 a. Income tax payable currently b. Deferred tax asset-ending balance C. Deferred tax asset-change. d. Deferred tax liability-ending balance. e. Deferred tax liability-change. f Income tax expense