Please try and help me answer all these questions, its very hard trying to find the answers to every question here.

the following information for questions 1 and 2 raft Company made the following journal entry in late 2015 for rent on property it leases to Danford Corporation. 60,000 Cash Unearned Rent Revenue 60,000 The payment represents rent for the years 2016 and 2017, the period covered by the lease. Kraft Company is a cash basis taxpayer. Kraft has income tax payable of $92,000 at the end of 2015, and its tax rate is 35% . What amount of income tax a $53,000 b. $71,000 c. $81,500 d. $113,000 21 1. c expense should Kraft Company report at the end of 2015? Assuming the income taxes payable at the end of 2016 is $102,000, what amount of income tax expense would Kraft Company record for 2016? a. $81,000 b. $91,500 c. $112,500 d. $123,000 3. Khan, Inc. reports a taxable and financial loss of $650,000 for 2016. Its pretax financial income for the last two years was as follows: 2014 $300,000 400,000 2015 The amount that Khan, Inc. reports as a net loss for financial reporting purposes in 2016, assuming that it uses the carryback provisions, and that the tax rate is 30% for all periods affected, is a. $650,000 loss. b. S-0- c. $195,000 loss. d. $455,000 loss 4. Major reason(s) for disclosure of deferred income tax information is (are) a. better assessment of quality of earnings. b. better predictions of future cash flows. c. that it may be helpful in predicating future cash flows for operating loss carryforwardsa d. All of these answer choices are correct. 5. Deferred taxes should be presented on the statement of financial position a. as one net debit or credit amount. b. as a net amount in the non-current section. c. as reductions of the related asset or liability accounts. d. A or B