Nalad Corp. provided the following data related to accounting and taxable income:

$20$X$820$X$9$

Pre$-$tax accounting income $($financial statements$)$ $ $490,000$ $ $485,000$

Taxable income $($tax return$)285,000690,000$

Income tax rate $38\%38\%$

There are no existing temporary differences other than those reflected in these data. There are no permanent differences.

Required:

$1-$a$.$ How much tax expense would be reported in each year if the taxes payable method was used?

$1-$b$.$ What is the implied tax rate? $($Round your answers to $1$ decimal place.$)$

$2-$a$.$ How much tax expense would be reported using comprehensive tax allocation $($liability method$).$

$2-$b$.$ How much deferred income tax would be reported using comprehensive tax allocation $($liability method$).$

$2-$c$.$ Why is the two year total tax expense is the same under both tax payable method and liability method? $($Select all that apply.$)$