IM NOT SURE IF I AM ON THE RIGHT TRACK. HELP PLEASE.

UIK JUVLU Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: 1 $100 16 ($ in thousands) Situation 2 3 $232 $228 20 16 16 4 $308 20 44 Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the year: Deferred tax asset Deferred tax liability 2 4 13 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.e. 1,200 should be entered as 1.2). Negative amounts should be indicated by a minus sign. Leave no cell blank, enter "O" wherever applicable.) Situation 1 2 3 4 $ 25.0 $ 58.0 $ 57.0 $ 77.0 $ 75.0 $ 174.0 $ 171.0 $ 231.0 a. Income tax payable currently. b. Deferred tax asset-ending balance. c. Deferred tax assetchange. d. Deferred tax liabilityending balance. e. Deferred tax liabilitychange. $ 73.0 $ 0.0 $ 158.0 $ 227.0 $ 0.0 $ 0.0 f. Income tax expense. Connect - Google Chrome