P$18\mathrm{.}6$B $($LO $1,4)($Two Differences, Two Rates, Future Income Expected$)$ Presented below are two independent situations related to future taxable and deductible amounts resulting from temporary differences existing at December $31,2025.$

$1.$ Gliding Co$.$ has developed the following schedule of future taxable and deductible amounts:

$2.$ Boothill Co$.$ has the following schedule of future taxable and deductible amounts:

Both Gliding Co$.$ and Boothill Co$.$ have taxable income of $\backslash (\backslash$$ $21,000\backslash )$ in $2025$ and expect to have taxable income in all future years. The tax rates enacted as of the beginning of $2025$ are $30\backslash \%$ for $2025-2028$ and $\backslash (35\backslash \%\backslash )$ for years thereafter. All of the underlying temporary differences relate to noncurrent assets and liabilities.

Instructions

For each of these two situations, compute the net amount of deferred income taxes to be reported at the end of $2025,$ and indicate how it should be classified on the balance sheet.