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Fischer, Inc. reportstotal tax expense on its income statement for year ended December31, 2010 of $80,884 and cash paid for taxes of $77,546.
The tax footnote in the company's 10-K filing, reports thefollowing deferred tax information.
Deferred tax assets and liabilities consisted of the following (inthousands):

December 31 ($ thousands)	2010	2009
Deferred tax assets
State tax credits, net of federal tax impact	$ 3,500	$ --
Tax basis inventory adjustment	6,104	3,748
Inventory obsolescence reserves	4,528	5,600
Allowance for doubtful accounts and other reserves	17,992	14,084
Foreign net operating loss carryforward	21,834	18,952
Stock-based compensation	17,580	10,900
Intangible asset	774	2,136
Deferred rent	5,950	3,456
Deferred compensation	2,898	2,210
Other	5,418	6,302
Total deferred tax assets	86,548	67,388
Less: valuation allowance	(3,530)	--
Total net deferred tax assets	83,018	67,388
Deferred tax liabilities
Prepaid expenses	(3,730)	(2,266)
Property, plant and equipment	(6,208)	(11,566)
Total deferred tax liabilities	(9,938)	(13,832)
Total deferred tax assets, net	$ 73,080	$ 53,556

Use the financialstatement effects template to record Fischer's income tax expensefor the current fiscal year along with the changes in both deferredtax assets and liabilities. Assume that income taxes payableincreased by $22,862 thousand.   

Record tax expense, part cash and part deferred on the balancesheet below:

Cash Asset:

+Non Cash Asset:

=Liabilities:

+ContributedCapital:

+Earned Capital :