please answer all questions below Refer to your course text book In chapter 16. Complete the assignment below which is

[answerhappygod]

please answer all questions below
Refer to your course text book In chapter 16. Complete theassignment below which is a variation of the illusration problem16-2 (Intermediate Accounting by J. David Spiceland). Applythe 4-step process to account for the temporary difference relatedto depreciation expense. Show your table(s) asillustrated.
Expense Reported on the Tax Return before the IncomeStatement (Expense Related DTL)
Corey Associates purchased $75 thousand of equipment in earlyJanuary of 2021. It is estimated that the equipment has auseful life of three years, so it depreciates the equipmentstraight line, with $25 thousand of depreciation expense 2021–2023.However, tax rules allow Corey to take the entire $75 thousanddeduction for the cost of the equipment on its 2021 tax return.Corey has a 25% tax rate and pretax accounting income of $130thousand in each of those year.
Show the working as illustrated for each of years 2021 to2023. After each of the break down illustrated,