In $2025,$ Blossom Company accrued, for financial statement reporting, estimated losses on disposal of unused plant facilities of $$3580000.$ The facilities were sold in March $2026$ and a $$3580000$ loss was recognized for tax purposes. Also in $2025,$ Blossom paid $$147600$ in premiums for a two$-$year life insurance policy in which the company was the beneficiary. Assuming that the enacted tax rate is $20\%$ in both $2025$ and $2026$ and that Blossom paid $$1150000$ in income taxes in $2025,$ the amount reported as net deferred income taxes on Blossom's balance sheet at December $31,2025,$ should be a

$$686480$ asset.

$$358000$ liability.

$$358000$ asset.

$$716000$ asset.