Using the information below, complete the worksheet reconciling Anderson Co.'s financial statement income and taxable income for the 3 years ended April 30, Year 5.

Anderson Co.
INCOME TAX WORKSHEET
For the 3 Years Ended April 30, Year 5
		April 30, Year 3		April 30, Year 4		April 30, Year 5
Pretax financial income		$900,000		$1,000,000		$1,200,000
Permanent differences		(100,000)		(100,000)		(100,000)
Temporary differences		(200,000)		(100,000)		(150,000)
Taxable income		$600,000		$ 800,000		$ 950,000

The tax rate changes were enacted at the beginning of each tax year and were not known to Anderson at the end of the prior year. Enter the appropriate amounts in the designated cells below. Enter all amounts as positive values. Round all amounts to the nearest whole number. If no entry is necessary, enter a zero (0).

	April 30, Year 3	April 30, Year 4		April 30, Year 5
Cumulative Temporary differences (future taxable amounts)
Tax rate	20%	25%	30%
Deferred tax liability (balance)
Income tax expense