At the end of Year 3, Wissa Co. had a $19,000 deferred tax asset and a related valuation allowance of $4,000.During Year 4, $5,000 of the deferred tax asset was realized.Due to future anticipated operating losses, management determined on December 31, Year 4, that it is more likely than not that only $8,000 of the deferred tax asset would be realized in the future.What should Wissa report as the balance in the valuation allowance account at the end of Year 4?

a) $0

b) $4,000

c) 6,000

d) $8,000