Sonia Corporation has temporary differences at December 31, 2011, that result in the following balance sheet future tax accounts:
Future tax liability, current .......... $38,000
Future tax asset, current ........... $52,000
Future tax liability, noncurrent ....... $96,000
Future tax asset, noncurrent ......... $27,000
Indicate how these balances will be presented in Sonia’s December 31, 2011 balance sheet, assuming
(a) Sonia reports under the PE GAAP future income taxes method, and
(b) Sonia follows IFRS for reporting purposes.