Greene Company Greene Co. has pretax book income for the year ended December 31, 2015 in the amount of $295,000 and has a tax rate of 30%. The following timing difference was present: Depreciation for tax purposes in excess of book depreciation minus $14,500. What should Greene Co. record as its deferred tax liability for 2015? A. $88,500 B. $0 C. $84,150 D. $4,350