In 2020, Co. operated at a tax loss, totaling $78,000 during its first year of business. Assuming a tax rate of 21%, and that income is expected in 2021, the entry to reflect the tax benefit of the net operating loss and any valuation allowance necessary on December 31, 2020. Cardinals Company determined that it was more likely than not that 65% of the deferred tax asset would not be realized. Which of the following would be true? a. The DTL resulting would be $16,380 and the VA would equal $5,733 b. The DTL resulting would be $19,500 and the VA would equal $12,675 c. The DTA resulting would be $16,380 and the VA would equal $10,647 d. The DTL resulting would be $16,380 and the VA would equal $5,733