Which of the following statements regarding the effects of the Valuation allowance on Deferred taxes is most likely correct? a) A decrease in future taxable income to recover tax assets will increase the Valuation allowance and decrease Deferred Tax Assets. b) A decrease in future taxable income to recover tax assets will decrease the Valuation allowance and increase Deferred Tax Assets. Oc) An increase in future taxable income to recover tax assets will increase the Valuation allowance and increase Deferred Tax Assets