At the end of the current year, Newsmax Inc. has $400,000 of subscriptions received in advance included in its balance sheet. A disclosure note reveals that the entire $400,000 will be recognized in the income statement in the next year. In the absence of other temporary differences, in the balance sheet one would also expect to find a:

a- Current deferred tax asset

b- Non-current deferred tax asset

c- Current deferred tax liability

d- Non-current deferred tax liability