ABC Co has a 25% tax rate in the current year. They have the following information:

Accounting income. $1,000,000

Difference: instalment sale from prior year: 100,000

Taxable income. $1,100,000

The instalment sale was made in the prior year and recorded as financial accounting revenue in the same prior year. It is taxable in the current year as it was collected. There are no further instalments.

What is the deferred income tax asset/liability at the end of the current year?