HB Company Is a Private Company with a Significant Amount $$\begin{array} { c l } \text { Quarter } & { \text { Income (loss) } } \\1 & \$ 100 \\2 & ( 150 ) \\3 & 200 \\4 & 400\end{array}$$

HB Company is a private company with a significant amount of long-term debt. The company reports under IFRS. One of the conditions of the debt-financing indenture is that it must provide quarterly financial statements to the lender. HB pays tax at the rate of 20% on the first $200,000 of income and 40% on any income in excess of $200,000. During 20X5, the company earned $500,000 and paid tax at an average rate of 32%. Similar results were expected for 20X6.
HB realized the following actual results for the year ended December 31, 20X6 (in thousands):
$$\begin{array} { c l } \text { Quarter } & { \text { Income (loss) } } \\1 & \$ 100 \\2 & ( 150 ) \\3 & 200 \\4 & 400\end{array}$$ Required:
Calculate income tax expense (recovery)for each quarter in 20X6 and for the year in total under the:
a. discreet approach
b. integral approach