Company D started business on January 1, 20X1, and bought the following piece of equipment. Cost of asset Salvage Useful life $200,000 20,000 5 21% 4,000 Tax rate 20X1 estimated tax payment Depreciation for book and tax purposes is as follows: Book Tax 20X1 36,000 80.000 20x2 36,000 48,000 20X3 36,000 28,800 20X4 36,000 17.280 36.000 5,920 Help Save & Exi 20X5 What is the ending balance of deferred taxes payable-depreciation on the December 31, 20X3 balance sheet? (You do not need income statement information to compute the amount of the deferred balance on the balance sheet)