Parry Corp. acquired new equipment for $$1,500,000$ in $20$X$6.$ For accounting purposes, the equipment will be depreciated over five years, straight$-$line, with a full year$$s depreciation in the first year. For income tax purposes, Parry can take CCA over the next three years of $$135,000$ in $20$X$6,$ $$243,000$ in $20$X$7,$ and $$195,750$ in $20$X$8.$ Parry$$s income tax rate is $36\%.$

Required:

For each $31$ December $20$X$6$ through $20$X$8,$ determine: $($Enter your answers in thousands to two decimal places.$)$

$1.$ The tax basis for the equipment.

$2.$ The accounting basis for the equipment.

$3.$ The cumulative amount of the temporary difference relating to the equipment.

$4.$ The balance of deferred income tax asset or liability that would be reported on the statement of financial position.

$5.$ The amount of the deferred income tax adjustment.