Question 17 1 pts Best Corp uses the calendar year for tax returns and GAAP reporting. The federal income tax rate is 40% for all years. There is no state income tax. Best will report NIBT of $400,000 per year, before considering the rent income from Modern (described below). Best expects to have the same level of profitability in 2021 and 2022. Best rented a vacant building to Modern Corp. for $200,000 per year starting on January 1, 2020. Modern signed a 3-year rental contract and paid the full $600,000 of rent for the 3 years, on January 1, 2020. What is the balance in the deferred income tax asset account at the end of 2021? $ 160,000 $40,000 $80,000 $ 136,000