As $2021$ drew to a close and the company was preparing its financial statements, Ford Digital Manufacturing Company $($FDMC$)$ reviewed operations in one of its branch factories and realized they would have to be shut down. As it finalized its accounts, it accrued the estimated losses that it would incur disposing of the unused plant facilities at $$3,600,000.$ The factory and contents were sold in the summer of $2022$ and the estimated loss proved to be accurate and so the anticipated and now realized loss of $$3,600,000$ was recognized for tax purposes. Also in $2021,$ FDMC paid $$150,000$ in premiums for a two$-$year life insurance policy in which the company was the beneficiary. Assuming that the enacted tax rate is $20\%$ in both $2021$ and $2022,$ and that FDMC paid $$1,170,000$ in income taxes in $2021,$ what amount should be reported as net deferred income taxes on FDMC$\text{'}$s balance sheet at December $31,2021?$

Group of answer choices

$$360,000$ asset.

$$360,000$ liability.

$$720,000$ asset.

$$680,000$ asset.