Reporting the Provision for Income Taxes Smith & Sons Company presented the following information in the income tax footnote in its annual report: Note 13. Income Taxes Provision for income taxes includes the following (in thousands) Current payable End-of-year $7,728 U.S Foreign 438 Deferred U.S 3,380 Foreign Total (174) $11,372 How much tax expense did Smith & Sons report on its income statement for the year? $ thousand How much of the reported income tax expense was paid currently and how much was deferred to a future period for payment? Paid currently $ Deferred to a future period $ thousand thousand