1. Devine Company estimated a loss of $30,000 that was included in its income for this year. This amount will not be included in taxable income until next year. The enacted tax rate is 20% this year, but will be 28% next year. What amount should the company report in this years balance sheet as a deferred tax asset?

1. $30,000
2. $6000
3. $8400
4. zero