Cullumber Company reported the following results for the year ended December 31, 2021, its first year of operations:

	2021
Income (per books before income taxes)	$1461000
Taxable income	2650000

The disparity between book income and taxable income is attributable to a temporary difference which will reverse in 2022. What should Cullumber record as a net deferred tax asset or liability for the year ended December 31, 2021, assuming that the enacted tax rates in effect are 30% in 2021 and 25% in 2022?

a. $297250 deferred tax liability

b. $297250 deferred tax asset

c. $356700 deferred tax liability

d. $356700 deferred tax asset