TB Problem $16-149($Algo$)$ Four independent situations are described...

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

$\backslash$table$[[$Income statement,Tax Return$],[,$Revenue,Expense,Revenue,Expense$],[(1),$$ $15,00$e$,,,],[(2),,,,$$ $15,00$e$],[(3),,$$ $15,000,$$ $14,000,],[(4),$$ $14,000,$$ $15,000,$$ $7,$eee,$ $12,000]]$

Required:

For each situation, determine the taxable income assuming pretax accounting income is $$100,000.$

Note: Amounts to be deducted should be indicated by a minus sign.

$\backslash$table$[[,(1),(2),(3),(4)],[$Accounting income,,,,$],[$Temporary differences:,,,,$],[$Income statement first:,,,,$],[$Revenue$,,,,],[$Expense$,,,,],[$Tax relum first,,,,$],[$Revenue$,,,,],[$Expense$,,,,],[$Tarable income,,,,$]]$