Kent Inc.$\text{'}$s reconciliation between financial statement and taxable income for $2017$ follows $$150,000(12,000)138,000(9,000$ $$129,000$ Pre$-$tax financial income Permanent difference Temporary difference$-$depreciation Taxable income Additional Information: At December $3120162017$ Cumulative temporary difference $($future taxable amounts$)$ $$20,000$ $$11,000$ The enacted tax rate is $35\%$ Required: $1.$ In its December $31,2017,$ balance sheet, what amount should Kent report as its deferred tax liability? $2.$ In its $2017$ income statement, what amount should Kent report as the current portion of income tax expense?