Question: Rein Inc. reported deferred tax assets and deferred tax liabilities at the end of 2009 and at the end of 2010. For the year ended

Rein Inc. reported deferred tax assets and deferred tax liabilities at the end of 2009 and at the end of 2010. For the year ended 2010, Rein should report deferred income tax expense or benefit equal to the

a. Decrease in the deferred tax assets.

b. Increase in the deferred tax liabilities.

c. Amount of the current tax liability plus the sum of the net changes in deferred tax assets and deferred tax liabilities.

d. Sum of the net changes in deferred tax assets and deferred tax liabilities.

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