Quinn Company reported a net deferred tax asset of $9,000 in its December 31, 2014, balance sheet. For 2015 Quinn reported pre-tax financial statement income of $300,000. Temporary differences of $100,000 resulted in taxable income of $200,000 for 2015. At December 31, 2015, Quinn had cumulative taxable differences of $70,000. The income tax rate is 30%.
In its December 31, 2015, income statement, what should Quinn report as the deferred portion of income tax expense?