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The pre$-$tax income statements for ZYX Corporation for two years $($summarized$)$ were as follows:

$20132014$

Revenues $$840,000$ $$900,000$

Expenses $640,000685,000$

Pre$-$tax income $$200,000$ $$215,000$

For tax purposes, the following income tax differences existed:

$1.$ Revenues on the $2014$ statement of profit and loss include $$75,000$ rent, which is taxable in $2013$ but was unearned at the end of $2013$ for accounting purposes.

$2.$ Expenses on the $2014$ statement of profit and loss include membership fees of $$30,000,$ which are not deductible for income tax purposes.

$3.$ Expenses on the $2013$ statement of profit and loss include $$23,000$ of estimated warranty costs, which are not deductible for income tax purposes until $2014.$

$4.$ Expenses on the $2014$ statement of profit and loss include $$20,000$ of estimated warranty costs, which are not deductible for income tax purposes until $2015.$

Required:

$1.$ What was the accounting carrying value and tax basis for unearned revenue and the warranty liability at the end of $2013$ and $2014?$

$2.$ Compute $($a$)$ income tax payable, $($b$)$ deferred income tax and $($c$)$ income tax expense for each period. Assume an average tax rate of $20\%.$

$3.$ Give the entry to record income taxes for each period.

$4.$ What amount of deferred income tax will be reported on the statement of financial position at $2014$ year$-$end?

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