ZeffCo. prepared the following reconciliation of its pretax financial statement income to taxable income for the year ended December31, Year 1, its first year of operations:

Pretax financial income $160,000

Nontaxable interest received on municipal securities (5,000)

Long-term lossaccrual in excess of financial statement amount 10,000

Depreciation inexcessof financial statement amount (25,000)

Taxable income $140,000

Zeff'stax rate for Year 1 is 21%.

In its December 31,Year 1, balance sheet, what shouldZeffreport as deferred income tax liability?

a.

$1,050

b.

$2,100

c.

$3,150

d.

$4,200