Complete the following statements by filling in the blanks.
a. In a period in which a taxable temporary difference reverses, the reversal will cause taxable income to be ______ (less than, greater than) pretax financial income.
b. If a $68,000 balance in Deferred Tax Asset was computed by use of a 40% rate, the underlying cumulative temporary difference amounts to $______.
c. Deferred taxes ______ (are, are not) recorded to account for permanent differences.
d. If a taxable temporary difference originates in 2019, it will cause taxable income for 2019 to be ______ (less than, greater than) pretax financial income for 2019.
e. If total tax expense is $50,000 and deferred tax expense is $65,000, then the current portion of the expense computation is referred to as current tax ______ (expense, benefit) of $______.
f. If a company's tax return shows taxable income of $105,000 for Year 2 and a tax rate of 40%, how much will appear on the December 31, Year 2, statement of financial position for "Income taxes payable" if the company has made estimated tax payments of $36,500 for Year 2? $______.
g. An increase in the Deferred Tax Liability account on the statement of financial position is recorded by a ______ (debit, credit) to the Income Tax Expense account.
h. An income statement that reports current tax expense of $82,000 and deferred tax benefit of $23,000 will report total income tax expense of $______.
i. A reduction in a deferred tax asset is needed whenever it is judged to be ______ that a portion of a deferred tax asset ______ (will be, will not be) realized.
j. If the tax return shows total taxes due for the period of $75,000 but the income statement shows total income tax expense of $55,000, the difference of $20,000 is referred to as a deferred tax ______ (expense, benefit).