For calendar 2020, its first year of operations, Snow Corp. reported pre-tax accounting income of $330,000 and taxable income of $600,000. The only reversible difference is accrued warranty costs, which are expected to be paid as follows: 2021 $90,000 2022 45,000 2023 45,000 2024 90,000 The enacted income tax rates are 35% for 2020, 30% for 2021, 2022 and 2023, and 25% for 2024. The deferred tax asset reported on Snows December 31, 2020 SFP should be

a. $54,000.

b. $94,500.

c. $63,000.

d. $76,500.