Company at the end of its first year of operations, prepared a reconcililation between pretax financial income and taxable income as follows Pretax financial Estimated litigation expense Installment sales 300,000 750,000 (600.000) Taxable income The estimated Rigation expense of $750,000 will be deductible in two years when it is expected to be paid. The gross profit from the installment sales will be realized in the amount of S 300,000 in each of the next two years The income tax rate is 30% for all years. Jackson would record which of the following in the balance sheet at the end of year 1? O a. a deferred tax asset of $180,000 O b. a deferred tax liability of $225,000 O c, a net deferred tax liability of S405000 O d a net deferred tax asset of $45,000