Questions 4 and 5 use the below fact pattern. Problem 2, Question 5. Company B acquired the following piece of equipment. Your staff accountant computed the book and tax depreciation. It is up to you to determine the deferred tax amounts. Equipment cost $50,000 Salvage 5,000 Useful life Tax rate 21% Depreciation for book and tax purposes is as follows: Book 20X1 9 ,000 20,000 20x2 9,000 12,000 20X3 9,000 7,200 20X4 9,000 4,320 20X5 9,000 1,480 Tax 5) What is the deferred taxes payable balance as of December 31, 20X3