Eclectic Inc. summarized the following balances related to its December 31 year-end:

Account December 31

Deferred tax asset $50,000

Deferred tax liability $42,000

Valuation allowance for deferred tax asset $32,000

On the companys balance sheet on December 31, the company would report

A) Noncurrent deferred tax liability of $24,000.

B) Noncurrent deferred tax liability of $42,000 and a noncurrent deferred tax asset of $18,000.

C) Noncurrent deferred tax asset of $50,000 and a noncurrent deferred tax liability of $82,000.

D) Unknown because additional information is required to determine the current asset and liability amounts.

Please show your work.