(d) The deferred income tax expense or benefit is the
net change during the year in an enterprise’s deferred tax liabilities
or assets. The deferred income tax expense or benefit must
consider the net effect of changes (both increases and decreases)
in both deferred tax assets and deferred tax liabilities. The decrease
in deferred tax assets alone or the increase in deferred tax
liabilities alone will not be equal to the deferred income tax expense.
The amount of income tax liability (current portion
which comes off the tax return) plus the sum of the net changes
in deferred tax assets and deferred tax liabilities is the total
amount of income tax expense or benefit for the year. The question
asks only for the deferred portion.