The green grape is a bakery located in New York City. As of December 31 2016, The green grapes balance sheet shows a deferred tax liability of $10,000 corresponding to differences in depreciation for its bread making equipment. Assume that The green grapes tax rate is 40%. Which of the following is true? a. The green grape cumulatively took $10,000 more depreciation for tax purpose than it did for financial reporting purpose b. The green grape took in 2016 $10,000 more depreciation for tax purpose than it did for financial reporting purpose c. The green grape cumulatively took $25,000 more depreciation for financial reporting purpose than it did for tax purpose d. The green grape took in 2016 $25,000 more depreciation for financial reporting purpose than it did for tax purpose