Walden Company reported the following results for the year ended December 31, 2021, its first year of operations:

2021

Income (per books before income taxes) $ 4,000,000

Taxable income 3,200,000

The disparity between book income and taxable income is attributable to a temporary difference which will reverse in 2022. What should Walden record as a net deferred tax asset or liability for the year ended December 31, 2021, assuming that the enacted tax rates in effect are 30% in 2021 and 25% in 2022?

		$200,000 deferred tax liability
		$200,000 deferred tax asset
		$300,000 deferred tax asset
		$360,000 deferred tax liability