An entity acquired an equipment at a cost of $20,000$ at the beginning of this fiscal year. The equipment is depreciated on a straight$-$line basis over $4$ years with a nil residual value at the end of its useful life. The tax rule allows for a depreciation of $8,000$ in the first year. The tax rate is $25\%.$Which of the following statement is CORRECT?Question $5$ Answera.A deferred tax liability of $1,250$ is recognised at the end of this fiscal year.b$.$A deferred tax asset of $750$ is recognised at the end of this fiscal year.c$.$A deferred tax asset of $5,000$ is recognised at the end of this fiscal year.d$.$A deferred tax liability of $2,000$ is recognised at the end of this fiscal year.e$.$A deferred tax liability of $750$ is recognised at the end of this fiscal year.f$.$A deferred tax asset of $2,000$ is recognised at the end of this fiscal year.g$.$A deferred tax asset of $1,250$ is recognised at the end of this fiscal year.h$.$A deferred tax liability of $5,000$ is recognised at the end of this fiscal year.