Nalad Corp. provided the following data related to accounting and taxable income: Pre-tax accounting income (financial statements) Taxable income (tax return) Income tax rate 20X8 $530,000 20x9 $505,000 305,000 730,000 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? Tax Expense 20X8 $ 115,900 20X9 277,400 $ 393,300 1-b. What is the implied tax rate? (Round your answers to 1 decimal place.) 20X8 Implied tax rate 0.2 % 20x9 0.6 % 2-a. How much tax expense would be reported using comprehensive tax allocation (liability method). Tax Expense 20X8 $ 115,900 20X9 701,400 $ 817,300 2-b. How much deferred income tax would be reported using comprehensive tax allocation (liability method).