In 2020, its first year of operations, ABC reported a net operating loss of $327,761 and consequently recognized a deferred tax asset (DTA) for the same year. The following year, 2021, the business reported taxable income of $192,535 before any net operating loss from prior periods. The company's tax rate was 0.26 for both years.

Assuming that the company used all the benefit allowed for the 2020 loss according to the new tax reform, by how much will the Deferred Tax Asset account be adjusted in 2021?

a.

40047.28

b.

50059.10

c.

10011.82

d.

85217.86