On January 1, 20X1, a company purchased a piece of equipment for $117,000. The equipment has a 6-year useful life and $0 residual value. The company uses straight-line depreciation for financial accounting purposes. Assume that the depreciation deduction for income tax purposes is $23,000 for 20X1. Income before taxes is $32,000. The income tax rate is 40%.

What is the amount of the Deferred Tax Asset (DTA) or Deferred Tax Liability (DTL) recorded in 20X1