Seagull Co. began operations in 2018 and reported $400,000 in income before income taxes for the year. Seagull's 2018 tax depreciation exceeded its book depreciation by $120,000. Seagull also had nondeductible book expenses of $30,000 related to permanent differences. Seagull's tax rate for 2018 was 25%, and the enacted rate for years after 2018 is 30%. In its December 31, 2018, balance sheet, what amount of deferred income tax liability should Seagull report? $36,000. $30,000. $27,000. $22,500