Using the following information 1) convert from financial income to taxable income, 2) determine if the temporary difference results in a future taxable/deductible amount, and 3) determine what the deferred tax asset/liability would be. Also write the journal entry. Assume beginning balance in DTA and DTL-S0. Tax rate 21% for all years. 1. Financial Net Income Financial Depreciation Tax Depreciation $8,000 $1,000 $1,300 2. Financial Net Income Financial Warranty Expense Taxable Warranty Deduction $10,000 $2.400 $200 3. Financial Net Income $30,000 Amount of Installment Sales $5,000 Amount received from installment sales $3,000 4. Financial Net Income $40,000 Unearned Rent Revenue collected in advance $7.000