75. Link Sink Manufacturing has a deferred tax asset account with a balance of $300,000 at the end of 2015 due to a single cumulative temporary difference of $750,000. At the end of 2016, this same temporary difference has increased to a cumulative amount of $1,000,000. Taxable income for 2016 is $1,700,000. The tax rate is 40% for 2016, but enacted tax rates for all future years are 35%. Assuming its probable that 70% of the deferred tax asset will be realized, what amount will be reported on Link Sinks statement of financial position for the deferred tax asset at December 31, 2016?

a. $262,500.

b. $280,000.

c. $245,000.

d. $595,000.