Sandhill Company reported the following results for the year ended December 31, 2021, its first year of operations:

	2021
Income (per books before income taxes)	$ 1804000
Taxable income	3000000

The disparity between book income and taxable income is attributable to a temporary difference which will reverse in 2022. What should Sandhill record as a net deferred tax asset or liability for the year ended December 31, 2021, assuming that the enacted tax rates in effect are 30% in 2021 and 25% in 2022?

$ 358800 deferred tax asset

$ 299000 deferred tax liability

$ 299000 deferred tax asset