Sheridan Corporation purchased a machine on January 2,2020, for $3300000. The machine has an estimated 5 -year life with no salvage value The straight-line method of depreciation is being used for financial statement purposes and the following MACRS amounts will be deducted for tax purposes: Assuming an income tax rate of 20% for all years, the net deferred tax liability that should be reflected on sheridan's balance sheet at December 31.2021 be $79200 $0 $56100 $5280 Sheridan Corporation purchased a machine on January 2,2020 , for $3300000. The machine has an estimated 5 -year life withno salvage value, The strigight-line method of depreciation is being used for financial statement purposes and the following MACRS amounts will be deducted for taxpurposes: Assuming anincome tax rate of 20% for all years, the net deferred tax liability that should be reflected on Sheridanis balance sheet at December 31,2021 be $79200 \$o $56100 $5280