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Pronghorn Corporation began operations in 2020 and reported pretax financial income of $234,000 for the year. Pronghorn's tax depreciation exceeded its book depreciation by $32,000.

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Pronghorn Corporation began operations in 2020 and reported pretax financial income of $234,000 for the year. Pronghorn's tax depreciation exceeded its book depreciation by $32,000. Pronghorn's tax rate for 2020 and years thereafter is 30%. In its December 31, 2020, balance sheet, what amount of deferred tax liability should be reported? Deferred tax liability to be reported $

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