Violet, Inc. recorded a deferred tax asset of $28,000 due to a book-tax difference in warranty liabilities. Management has assessed that it is more likely than not that the firm will not realize 35% of the deferred tax asset. What is the necessary journal entry to record the valuation allowance? 9,800 O A. Income Tax Expense Valuation Allowance for Deferred TaxAsset 9,800 OB. Deferred Tax Asset Valuation Allowance for Deferred Tax Asset 9,800 9,800 OC. Income Tax Expense Valuation Allowance for Deferred Tax Asset 28,000 28,000 28,000 OD. Deferred Tax Asset Valuation Allowance for Deferred Tax Asset 28,000