Why sometime income tax expense is current + deferred, and sometimes is current - deferred, ???

Culver Company reports pretax financial income of $72,600 for 2020. The following items cause taxable income to be different than pretax financial income. 1 2 Depreciation on the tax return is greater than depreciation on the income statement by $14,500. Rent collected on the tax return is greater than rent recognized on the income statement by $21,700. Fines for pollution appear as an expense of $11,700 on the income statement. 3 Culver's tax rate is 30% for all years, and the company expects to report taxable income in all future years. There are no deferred taxes at the beginning of 2020. (a) Your answer is correct. Compute taxable income and income taxes payable for 2020. Taxable income $ 91500 Income taxes payable $ 27450 (b) Your answer is correct. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Debit Credit Account Titles and Explanation Income Tax Expense 25290 Deferred Tax Asset 6510 Deferred Tax Liability 4350 Income Tax Payable 27450 Prepare the income tax expense section of the income statement for 2020, beginning with the line "Income before income taxes." (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Culver Company Income Statement (Partial) For the Year Ended December 31, 2020 Income before Income Taxes 72600 Income Tax Expense Current $ 27450 Deferred 2160 (6510 - 4350) DTA > DTL 25290 i Net Income /(Loss) $ 47310 >Q: Why here is 27,450 -216o, not 27.450+ 2.160 (d) Your answer is correct. Compute the effective income tax rate for 2020. (Round answer to 1 decimal places, e.g. 25.5%.) Effective income tax rate 34.8 % Hunt Company Income Statement For the Year Ending December 31, 2020 Revenues $900,000 Expenses (operating) 400,000 Litigation loss 50,000 Income before income taxes 450,000 Income tax expense Current $100,000 Deferred 10,000 90,000 Net income $360,000 100.000 - 10.000 Chelsea Inc. Income Statement For the Year Ending December 31, 2020 Revenues $130,000 Expenses 60,000 Income before income taxes 70,000 Income tax expense Current $8,000 Deferred 6,000 Net income $ 56,000 14,00 8000 + 6ooo