Problem 3-28 (LO. 1, 3, 4) Willingham, Inc, an accrual basis C corporation, reports pretax book income of $1,600,000. At the beginning of the year, Willingham reported no deferred tax assets or liabilities on its balance sheet. At the end of the year, Willingham's depreclable assets had a net book value of $15,000,000. It is subject to a 21% U.S. income tax rate in the current year and for the foreseeable future. Willingham's book-tax differences include the following. Compute the entity's current income tax payable and deferred tax liability for the year. Current income tax payable: \$ Deferred tax liability: $