At December 31, DePaul Corporation had a $26 million balance in its deferred tax asset account and a $102 million balance in its deferred tax liability account. The balances were due to the following cumulative temporary differences :

1. Estimated warranty expense, $35 million: expense recorded in the year of sale; tax-deductible when paid (one-year warranty)

2. Depreciation expense, $180 million: straight line in the income statement; MACRS on the tax return

3. Income from installment sales of properties, $75 million: income recorded in the year of the sale; taxable when received equally over the next five years

4. Rent revenue collected in advance, $30 million; taxable in the year collected; recorded as income when the performance obligation is satisfied in the following year

Assuming DePaul will show a single noncurrent net amount in its December 31 balance sheet, indicate that amount and whether it is a net deferred tax asset or liability. The tax rate is 40%. Determine the deferred tax amounts to be reported in the December 31 balance sheet. The tax rate is 40%.