1. Question Content Area

   Port Deposit, Inc. reports the following deferred tax items at the end of 2020:

   Deferred Tax Account	Account Balance	Related Balance Sheet Account
   Accrual-based revenues	$36,000 (cr.)	Accounts receivable
   Depreciation	15,000 (cr.)	Property, plant, and equipment
   Assurance-type warranty costs	10,000 (dr.)	Warranty liability
   Rent revenue (long-term)	16,000 (dr.)	Unearned rent

   Required: Show how the deferred tax items will be reported on the December 31, 2020 balance sheet.

   Port Deposit, Inc. Partial Balance Sheet December 31, 2020
   Noncurrent liability:
   Accounts PayableDeferred Tax AssetsDeferred Tax LiabilityRent Revenue Unearned RentDeferred Tax Assets	$fill in the blank 2