5. You are the Controller for HandI Corporation, and are working on preparing the year-end financial statements. During the year, your company recorded revenue on account in the amount of $200,000 that is expected to be received in full in the following year. The tax rate for this year is 30%, and the enacted tax rate for next year is 35%. You are attempting to calculate the amount of the deferred tax liability for the current year. a. Which rate should be used in calculating the deferred tax liability? b. What is the Codification reference for the guidance regarding the rate to use when calculating deferred taxes?