Homestake Mining company is a 120-year-old international gold company with substantial gold mining operations and exploration in the United State, Canada and Australia. At year-end, Homestake reported the following items related to income taxes(thousands of dollars). Total current taxes $26,348. Total deferred taxes (39,436), Total income and mining taxes(the provision for taxes per its income statement) $13,087. Deferred tax liability $303,050, Deferred tax assets, net of valuation allowance of $207,175. 95 275. Net deferred tax liability $207,775. Note6: The classification of deferred tax assets and liabilities is based on the related assets and liability creating the deferred tax not related to a specific assets or liability are classified based on the estimated period of reversal. Tax loss carry forward (U.S., Canada and chile) $ 71,151. Tax credit carry forward $12,007. Instructions:(a) Which is the amount that is actually paid in cash to the IRS this year? (b) give some examples of a deferred tax liabt.