Zinco Co prepared the following reconciliation for the first year of operation: Pretax financial income P 1,600,000 Non-taxable interest received ( 50,000 ) Long-term loss accrual in excess of deductible amount 100,000 Depreciation in excess of financial depreciation ( 250,000 ) Taxable Income P 1,400,000 Tax rate 30% a. What amount should be reported as current expense? b. What amount should be reported as total income tax expense? c. What amount should be reported as deferred tax liability? d. What amount should be reported as deferred tax asset?