A reconciliation of Sandhill Company's pretax accounting income with its taxable income for 2021, its first year of operations, is as follows: Pretax accounting income $4100000 Excess tax depreciation (201000) Taxable income $3899000 The excess tax depreciation will result in equal net taxable amounts in each of the next three years. Enacted tax rates are 30% in 2021, 25% in 2022 and 2023, and 20% in 2024. The total deferred tax liability to be reported on Sandhill's balance sheet at December 31, 2021, is O $40200. O $60300. O $50250 $46900