Anugraham Corp. follows IFRS and began operations in 2014 and reported accounting income of $275,000 for the

Question:

Anugraham Corp. follows IFRS and began operations in 2014 and reported accounting income of $275,000 for the year. Anugraham's CCA exceeded its book depreciation by $40,000. Anugraham's tax rate for 2014 and years thereafter is 35%. In its December 31, 2014 statement of financial position, what amount of deferred tax liability should be reported?