A machine with a $10-$year useful life is being depreciated on a straight$-$line basis for financial statement purposes, and over $5$ years for income tax purposes under the accelerated recovery cost system. Assuming that the company is profitable and that there are and have been no other timing differences, the related deferred income taxes would be reported in the balance sheet at the end of the first year of the estimated useful life as a

Group of answer choices

Current liability

Noncurrent liability

Current asset

Noncurrent asset