Kent Inc.'s reconciliation between financial statement and taxable income for 2017 follows: Pre-tax financial income Permanent difference $150,000 (12,000) 138,000 Temporary difference-depreciation Taxable income 9,000) $129,000 Additional Information At December 31 2017 2016 Cumulative temporary difference (future taxable amounts) $11,000 $20,000 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? 1. Deferred tax liability at December 31, 2017 2. Current portion of 2017 tax expense