EGR Corporation has one asset worth $450,000. Depreciation accumulated to date is $180,000 and accumulated CCA is $220,000.The Corporation also recorded warranty expense of $30,000. To date no customers have required warranty service. Assuming the tax rate is 40% what is the income tax implication?

a deferred income tax asset of 12,000

a deferred income tax liability of 40,000

a deferred tax asset of 30,000

a deferred income tax asset of 16,000