The Thiel Company reports the following deferred tax items at the end of 2007:

Required
Show how the preceding deferred tax items are reported on the Thiel Company€™s December 31, 2007 balancesheet.

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Deferred Tax Item # Account Balance $7,200 credit 6,700 debit 15,500 credit 10,600 debit Related Asset Current asset Current liability or Liability 2 3 4 Noncurrent asset Noncurrent liability