Scroll down to complete all parts of this task. The following information pertains to Tempo Ca, a manufacturer of household appliances, for the year ended December 31, Year 5. The noncurrent liabilities section of Tempo Co.'s December 31, Year 4 , balance shoet included a deferred income tax liability of $15,750. The only difference between Tempo's taxable income and pretax accounting income is depreciation on a machine acquired on danuary 1, Year 4, for $250,000. The machine's estimated useful life is 5 years, with no salvage value. Depreciation is computed using the straight-line method for financial reporting purposes and the MACRS method for tax purposes. Depreciation expense for tax and financial reporting purposes for Year 5 through Year 8 is presented in the following table. The enacted tederal income tax rates are 30% for Year 4 and Year 5 , and 35% for Year 6 through Year 8 . Included in Tempo's December Year 4 bulance sheet was a deferred tax asset of $9,000. For the year ended December 31, Year 5, Tempo's income before income taxes was \$430.000. Complete Tempo's balance shoet by calculating Tempo's income bofore income taxes, current income tax expense, deferred income tax expense, and net income using the infocmation above. Enter the appropriate amounts in the designated cells below. Enter all amounts as positive values, Enter any percentages as decimals. Tempo Co. INCOME TAX EXPENSE AND NET INCOME For the Year Ended December 31 , Year 5