At December 31, 2016, Ayayai Company had a net deferred tax liability of $428,000. An explanation of the items that compose this balance is as follows.

Temporary Differences.			Resulting Balances in Deferred Taxes
1.	Excess of tax depreciation over book depreciation		$204,000
2.	Accrual, for book purposes, of estimated loss contingency from pending law suit that is expected to be settled in 2017. The loss will be deducted on the tax return when paid.		(27,000	)
3.	Accrual method used for book purposes and installment method used for tax purposes for an isolated installment sale of an investment.		251,000
			$428,000

In analyzing the temporary differences, you find that $65,000 of the depreciation temporary difference will reverse in 2017, and $157,000 of the temporary difference due to the installment sale will reverse in 2017. The tax rate for all years is 40%. Indicate the manner in which deferred taxes should be presented on Ayayais December 31, 2016, balance sheet.

Ayayai Company Balance Sheet choose the accounting period December 31, 2016For the Year Ended December 31, 2016For the Quarter Ended December 31, 2016
select an opening section name Current AssetsCurrent LiabilitiesExpensesIntangible AssetsNoncurrent InvestmentsNoncurrent LiabilitiesNet Income / (Loss)Property, Plant and EquipmentRevenuesStockholders' EquityTotal AssetsTotal Current AssetsTotal Current LiabilitiesTotal ExpensesTotal Intangible AssetsTotal LiabilitiesTotal Liabilities and Stockholders' EquityTotal Noncurrent InvestmentsTotal Noncurrent LiabilitiesTotal Property, Plant and EquipmentTotal RevenuesTotal Stockholders' Equity
enter a balance sheet item		$enter a dollar amount