Hunter Limited is a commercial construction company that takes on long-term building projects. The company uses accounting practices that recognize revenue faster than the Income Tax Act requires. In 2023, Hunter recognized $350,000 of revenue on its books that is NOT taxable until 2024. What is the impact to the statement of financial position based on a 20% enacted tax rate? a. Deferred Tax Benefit $70,000 b. Deferred Tax Expense $70,000 c. Deferred Tax Liability $70,000 d. Deferred Tax Asset $70,000