The following items create deferred tax assets and deferred tax liabilities at December 31. Assume no beginning balances in deferred tax accounts.

Excess tax depreciation over GAAP depreciation is $40,000.

Rental receipts collected in advance and considered taxable of $220,000 are accrued under GAAP.

Warranty expense amount of $25,000 is tax deductible when actual costs are incurred.

Nontaxable interest received on municipal bonds, $5,000.

Valuation allowance for deferred tax asset is estimated to be 30% of the deferred tax asset balance.

Taxable income for year is $100,000.

The tax rate is 25%

On the companys balance sheet on December 31, the company would report the following deferred tax amount(s):?