Annual Ltd has an asset with a carrying amount of $50,000. The tax base of this asset is $75,000. The company tax rate is 30%. The deferred tax item to be recognised by Annual Ltd is: Select one: O a. Deferred tax liability of $7,500 O b. Deferred tax liability of $25,000 O c. Deferred tax asset of $7,500 O d. Deferred tax asset of $25,000