1. Larsen Corporation reported $200,000 in revenues in its 2018 financial statements, of which $65,000 will not be included in the tax return until 2019. The enacted tax rate is 40% for 2018 and 35% for 2019. What amount should Larsen report for deferred income tax liability in its balance sheet at December 31, 2018?

   		$26,000
   		$22,750
   		$21,375
   		$28,200