1)For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $ 290,000 Permanent difference (14,600) 275,400 Temporary difference-depreciation (19,100) Taxable income $ 256,300 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as income tax payable for its first year of operations? Multiple Choice $68,850 $4,775 $72,500 $64,075 2-For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $ 300,000 Permanent difference (15,500) 284,500 Temporary difference-depreciation (20,800) Taxable income $ 263,700 Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its deferred tax liability as of the end of its first year of operations? Multiple Choice $9,075. $20,800. $36,300. $5,200.