Question 3 Not complete Marked out of 8.33 Reporting the Provision for Income Taxes Smith & Sons Company presented the following information in the income tax footnote in its annual report: Note 13. Income Taxes Provision for income taxes includes the following (in thousands) End-of-year Current payable U.S $4,028 438 Deferred US 2,880 Foreign (174) Total $7,172 Foreign How much tax expense did Smith & Sons report on its income statement for the year? $ thousand How much of the reported income tax expense was paid currently and how much was deferred to a future period for payment? Paid currently $ thousand Deferred to a future period $ thousand