Which of the following causes a permanent difference between taxable income and financial accounting income?

		The useful life of an asset is 10 years. The asset is depreciated over 7 years for tax purposes.
		Rent received in advance is taxable upon receipt.
		A life insurance premium paid by the corporation on a policy that names the corporation as the beneficiary.
		A penalty paid to a bank when a CD is cashed before its maturity date.