Fico, Inc. earns $172,000 in book income before tax and is subject to a 21% tax rate in its first year of operations. Fico, Inc.. estimates that it will incur $7,000 over the next two years to honor warranties on products sold during the current year and recorded the appropriate liability on its balance sheet at the end of the year.

Determine the amount of Fico's deferred tax assets and liabilities, if any, as of the end of the year