During the current period, Rosina Limited paid an interim dividend of $60 000 to its parent entity, Anastasia Limited. If the tax rate is 30%, what would be the adjustment made in the consolidation entry to record the tax effect of this transaction at the end of the period?

1. CR Deferred Tax Liability $18 000.
2. There is no tax effect entry required.
3. DR Income Tax Expense $18 000.
4. DR Deferred Tax Asset $18 000.