Isaac Inc. began operations in January 2018. For certain of its property sales, Isaac recognizes income in the period of sale for financial reporting purposes. However, for income tax purposes, Isaac recognizes income when it collects cash from the buyer's installment payments. In 2018, Isaac had $688 million in sales of this type. Scheduled collections for these sales are as follows:

2018	$	75	million
2019		131	million
2020		149	million
2021		165	million
2022		168	million
	$	688	million

Assume that Isaac has a 29% income tax rate and that there were no other differences in income for financial statement and tax purposes. Ignoring operating expenses, what deferred tax liability would Isaac report in its year-end 2018 balance sheet? (Round your answer to the nearest whole million.)

Multiple Choice

$22 million.

$613 million.

$200 million.

$178 million.