Crystal Critters, Inc., a U.S. GAAP reporter, has the deferred tax assets and liabilities presented below: Item Excess of warranty expense over warranty deductions Accelerated depreciation for tax purposes Installment sales receivable Contingent liability Classification on the Balance Sheet of Related Account Deferred Tax Associated with Item Current $79,000 Asset Noncurrent Current Current $89,000 Liability $49,000 Liability $39,000 Asset Assuming it meets the conditions to net assets and liabilities, how will the company report deferred taxes on the balance sheet? A. current asset: deferred tax asset $118,000; noncurrent liability: deferred tax liability $138,000 B. current liability: deferred tax liability $69,000; noncurrent liability: deferred tax liability $89,000 C. noncurrent liability: deferred tax liability $20,000 D. current liability: deferred tax liability $49,000; noncurrent asset: deferred tax asset $89,000