began manufacturing operations on January 2, 2021. During 2021 T reported pre-tax book income of $150,000 and had taxable income of $200,000. T had a temporary difference relating to accrued product warranty cost which are expected to be paid as follows:

2022 $30,000 2023 $15,000 2024 $5,000

If the enacted tax rates are 21% for 2021 and 2022, and 25% for 2023 and 2024 what would be the deferred tax asset at the end of 2021

A) $6,000

B) $10,500

C) $11,300

D) $15,000