Four independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences:

The enacted tax rate is 25%. Required: For each situation, determine the following: (Enter your answers in thousands rounded to one decimal place (i.e. 1,200 should be entered as 1.2). Negative amounts should be indicated by a minus sign. Leave no cell blank, enter "0" wherever applicable.)

($ in thousands) Situation 2 3 $272 $308 1 $140 $428 16 16 Taxable income Future deductible amounts Future taxable amounts Balance(s) at beginning of the year: Deferred tax asset Deferred tax liability # Situation 3 1 2 4 a. Income tax payable currently b. Deferred tax asset-balance. c. Deferred tax asset-change. d. Deferred tax liability-balance. Deferred tax liability-change. f. Income tax expense. e. Delen