Marin Corporation began operations in $2025$ and reported pretax financial income of $$218,000$ for the year. Marin's tax depreciation

exceeded its book depreciation by $$40,000.$ Marin's tax rate for $2025$ and years thereafter is $30\%.$ In its December $31,2025,$ balance

sheet, what amount of deferred tax liability should be reported?

Deferred tax liability to be reported