In its first four years of operations ending December 31, Year 4, Alder, Inc.'s depreciation for income tax purposes exceeded its depreciation for financial statement purposes. This temporary difference was expected to reverse in Year 5, Year 6, and Year 7. Alder had no other temporary difference. Under U.S. GAAP, Alder's Year 4 balance sheet should include:

A noncurrent contra asset for the effects of the difference between asset bases for financial statement and income tax purposes.

Both current and noncurrent deferred tax assets.

A current deferred tax liability only.

A noncurrent deferred tax liability only