Sandhill Co. has the following deferred tax liabilities at December 31, 2021:

Amount	Related to
$ 150000	Installment sales, expected to be collected in 2022
$ 365000	Fixed asset, 10-year remaining useful life, 2021 tax depreciation exceeds book depreciation
$ 89000	Prepaid insurance related to 2022

What amount would Sandhill Co. report as a noncurrent deferred tax liability under IFRS and under GAAP?

IFRS

GAAP

$0

$ 515000

$ 604000

$ 365000

$ 604000

$ 604000

$ 365000

$ 365000