For its first year of operations, Tringali Corporation's reconciliation of pretax accounting income to taxable income is as follows:

Pretax accounting income	$	260,000
Permanent difference		(15,600	)
		244,400
Temporary difference-depreciation		(20,700	)
Taxable income	$	223,700

Tringali's tax rate is 25%. Assume that no estimated taxes have been paid. What should Tringali report as its deferred income tax liability as of the end of its first year of operations?

Multiple Choice

• $5,175.

• $9,075.

• $36,300.

• $20,700.