Oriole Company reported the following results for the year ended December $31,2020,$ its first year of operations:

Income $($per books before income taxes$)$

Taxable income

$$3314000$

$4470000$

The disparity between book income and taxable income is attributable to a temporary difference, which will reverse in $2021.$ What should Oriole record as a net deferred tax asset or liability for the year ended December $31,2020,$ assuming that the enacted tax rates in effect are $35\%$ in $2020$ and $30\%$ in $2021?$

$$346800$ deferred tax asset

$$404600$ deferred tax liability

$$404600$ deferred tax asset

$$346800$ deferred tax liability