V iolet, Inc. recorded a deferred tax asset of $$35,000$ due to a basis difference in war ranty"

liabilities. Management has assessed that it is more likely tha n not that the firm will not realize $35\%$ of the defer red tax asset. What is the necessary journa l entries to record the valuation

allowance?

a$.$

Income Tax Expense

Valuation Allowance for Deferred Asset

$"12,250"$

$"1,225"$

b$.$

Deferred Tax Asset

Valuation Allowance for Deferred Asset

c$.$

Income Tax Expense

Valuation Allowance for Deferred Asset

d$.$

Deferred Tax Asset

Valuation Allowance for Deferred Asset

$"12,250"$

$"35,000"$

$"35,000"$

$"1,225"$

$"3,500"$

$"3,500"$