1. For each item below, indicate whether it involves: (1) A temporary difference that will result in future deductible amounts and, therefore, will usually give rise to a deferred income tax asset. (2) A temporary difference that will result in future taxable amounts and, therefore, will usually give rise to a deferred income tax liability. Use the appropriate number to indicate your answer for each. (a) ______ For some assets, straight-line depreciation is used for tax purposes while double-declining balance method is used for financial reporting purposes. (b) ______ Warranty expenses are accrued when the sale is made, but cannot be deducted until the work is actually performed. (c) ______ The company uses the percentage of complete method to record revenue on long-term contracts for financial reporting purposes, but the completed contract method is used for tax purposes. (d) ______ Accelerated depreciation for tax purposes, and the straight-line depreciation method is used for financial reporting purposes for some equipment. (e) ______ A landlord collects some rents in advance. Rents received are taxable in the period when they are received. (f) ______ For financial reporting purposes, an estimated loss from a lawsuit is accrued. The tax return will not report a deduction until an amount is paid. (g) ______ A liability for a guarantee is accrued for financial reporting purposes. (h) ______ Installment sales are accounted for by the accrual method for financial reporting purposes and the installment method for tax purposes.