Two independent situations are described below. Each involves future deductible amounts and/or future taxable amounts produced by temporary differences: 1 2 650 370 20 Taxable income Future deductible amounts Future taxable amounts Balance(s) at the beginning of 90 80 40 the year Deferred tax asset 15 9 Deferred tax liability 8 28 The current year tax rate is 20%. Recent tax legislation will change the tax rate from the current 20% to 25% beginning next year. Use brackets (or a minus sign to denote a credit for the changes. Please complete the following table (don't round): Deferred tax asset change Deferred tax liability - change Income tax expense