Scott Corp. received cash of $20,000 that was included in revenues in its 2016 financial statements, of which $12,000 will not be taxable until 2017. Scotts enacted tax rate is 30% for 2016, and 25% for 2017. What amount should Scott report in its 2016 balance sheet for deferred income tax liability?

Options:

$3,600

$2,400

$2,000

$3,000