I would love to see what the Schedule for Future Taxable (Deductible) Amounts looks like, and subsequently, what would be the correct answers for both 8 and 9. Thank you :)

Problem 1 Use the information below to answer questions 1-11. Canders Inc. began business in 2021. In preparing Canders financial statements and income tax return for 2021, you discovered the following: Canders Inc. leased part of its office building to Sanders Inc. on September 1 for an advance payment of $198,000. The lease covers 18 months, and the advance payment is for 12 months. k . Canders earned $25,000 of interest from its investment in Washington State bonds. . . Canders paid Prudential Life Insurance Inc. the yearly premium of $30,000 in early January for a key-man life insurance policy. Canders acquired capital assets for $324,000. For financial reporting, the assets have a 6- year useful life and $0 salvage. For income taxes, the capital assets are 5-year property and cost will be recovered using the mid-year convention. Vera Year Depreciation expense Accounting Tax Quod 2021 $54,000 $ 65,000 > AUD 2022 54,000 104,000 to 2023 54,000 62,000-s 2024 54,000 37,000 - Side 2025 54,000 37,000 >7000 54,000 19,000 @ 2026 Sanders sold some real estate in 2021 for a gain of $150,000. For federal income taxes, the gain will be reported using the installment method. Obalne KORONA Gain reported on the income statement Gain reported on tax the tax return wudoo 2021 $150,000 $38,000 2022 40,000 2023 40,000 Chausson 2024 32,000 Chansare 8. At December 31, 2021, total future taxable amounts are * A. $112,000. * B. $123,000. C. $150,000. D. $101,000. E. $161,000. 9. At December 31, 2021, total future deductible amounts are A. $138,000. B. $121,500. C. $154,500. D. $154,000. E. $165,000