Sheridan Corporation prepared the following reconciliation for its first year of operations: Pretax financial income for 2018 Tax exempt interest Originating temporary difference Taxable income $2050000 (155000) (360000) $1535000 The temporary difference will reverse evenly over the next 2 years at an enacted tax rate of 40%. The enacted tax rate for 2018 is 28%. What amount should be reported in its 2018 income statement as the deferred portion of income tax expense? O $144000 credit $574000 debit $820000 credit O $614000 debit