ABC leased a building and received the $16405 annual rental payment on June 15, 2018. The beginning of the lease was July 1, 2018. Rental income is taxable when received. ABC's tax rates are 26% for 2018, and 37% thereafter. ABC had no other permanent or temporary differences. ABC determined that a valuation allowance was not needed. What amount of deferred tax asset should ABC report in its December 31, 2018, balance sheet? Answer: