Martin, Inc. paid $30,000 in premiums for life insurance coverage for its key employees for which Martin, Inc. is the beneficiary. The book-tax difference of this expense Select one: a. creates a deferred tax asset of $6,300. b. creates a deferred tax liability of $6,300. c. does not create a deferred tax asset nor a deferred tax liability. d. creates a deferred tax asset of $30,000. e. cieates a deferred tax liability of $30,000. Martin Corporation reports current EQP of ($240,000) this year and accumulated E\&P of $100,000 at the beginning of the year. Martin distributed \$85,000 cash to its sole shareholder, Graia. on March 31 of the vear, Craig's bavs in his Mattin Comenation.stock hafner the