Mill Company began operations on January 1, 2011 and recognized income from construction- type contracts under the percentage-of-completion method for tax purposes and the completed- contract method for financial reporting purposes. Information concerning income recognition under each method is as follows: Percentage of Completion Completed ContractRequired: For all years) assume that the income tax rate is 40% and that Mill has no other timing differences. In its December 31, 2013 balance sheet, Mill should report deferred income taxes of how much? Indicate whether the amount is an asset or a liability