At the beginning of 2021, Crane Co. purchased an asset for $1750000 with an estimated useful life of 5 years and an estimated salvage value of $149000. For financial reporting purposes the asset is being depreciated using the straight-line method; for tax purposes the double-declining-balance method is being used. Crane Cors tax rate is 20% for 2021 and all future years. At the end of 2021, which of the following deferred tax accounts and balances is reported on Crane's balance sheet? Account Balance O Deferred tax liability $75960 o Deferred tax asset $75960 O Deferred tax asset $64040 O Deferred tax liability $64040