10.00 points MC Qu. 31 LO 16-01 Isaac Inc. began operations in January 2016. For certain of its... saac Inc began operations in January 2016 For certain of its property sales, lsaac recognizes income in the period of sale for financial reporting purposes. However, for income tax purposes, Isaac recognizes income when it collects cash from the buyer's instalinent payments In 2016, Isaac had $632 milion in sales of this type Scheduled collections for these sales are as follows 2016 2 million 2019 2020 157 million 632 million Assume that isaac has a 33% income tax rate and that there were no other diferences in income to imanca statement and tax purposes Ignoring operating expenses and additional sales in 2017, what deferred tax lability would Isaac report in its year-end 2017 balance sheet? (Round your answer to the nearest whole millilon) O $168 million O $61 million O $148 milion O $209 million Murtiple Cholce Me Qu 31LO 16-01 Isauc Inc began-operations in Aandary 20 For certairy ofits TOSHIBA esc 2 3 4 5 9