Buccaneer's first year of operations was 2020. During 2020 Buccaneer purchased equipment and used straight line depreciation for book purposes and accelerated depreciation for tax purposes. This resulted in accrued income tax expense greater than income taxes payable. During 2021 Buccaneer began selling Inventory and accrued a warranty expense for which the payments are not expected to occur until 2022. This resulted in greater taxes payable in 2021 than was accrued in expense. What would Buccaneer record for 2020 and 2021 Income Taxes? 2020: Deferred Tax Asset; 2021: Deferred Tax Asset 2020: Deferred Tax Liability; 2021: Deferred Tax Liability 2020: Deferred Tax Liability; 2021: Deferred Tax Asset 2020: Deferred Tax Asset; 2021: Deferred Tax Liability