Sister Ltd has prepaid rent with a balance of $48,000 disclosed in the statement of financial position at the end of the reporting period 30 June 2021. The company tax rate is 30%. In relation to prepaid rent, there will be a:

Select one:

a.

Deductible temporary difference of $48,000

b.

Tax base of $48,000

c.

Deferred tax asset of $14,400

d.

Taxable temporary difference of $48,000