Use the following information to answer the next 3 questions. In 2020 (its first year of operations), ABC generated a net operating loss of $52,000. In 2021, earnings before income taxes is $212,300. Assume a tax rate of 22%. 18. Tax payable for 2021 is The associated deferred tax account is reduced by ___ in 2021. Tax expense for 2021 is 19. 20