Kent Inc.'s reconciliation between financial statement and taxable income for 2017 follows:

Pre-tax financial income...........................................................$150,000

Permanent difference........................................................... ... (12,000)

......................................................................................... 138,000

Temporary difference-depreciation.............................................. (9,000)

Taxable income....................................................................$129,000

Additional Information:

At December 31,

_______________________________________2016________________2017

Cumulative temporary difference...............$11,000....................$20,000

(future taxable amounts)

The enacted tax rate is 35%.

Required:

1. In its December 31, 2017, balance sheet, what amount should Kent report as its deferred tax liability?

2. In its 2017 income statement, what amount should Kent report as the current portion of income tax expense?