In its first year of activity, Spieth Golf Shop reported a loss before taxes of $200,000 on its income statement for the year ended December 31, 2012. The statutory tax rate for 2012 was 40%. There are neither permanent differences nor temporary differences to apply to the loss before taxes. The journal entry for the Companys 2012 taxes will include:

	A.	Credit to Deferred Tax Asset NOL for $80,000
	B.	Debit to Tax benefits for $200,000
	C.	Credit to Deferred Tax Asset NOL for $200,000
	D.	Debit to Deferred Tax Asset NOL for $80,000