Ayayai Inc.'s only temporary difference at the beginning and end of 2023 is caused by a $3.0-million deferred gain for tax purposes on an instalment sale of a plant asset. The related receivable (only one half of which is classified as a current asset) is due in equal instalments in 2024 and 2025 . The related deferred tax liability at the beginning of the year is $900,000. In the third quarter of 2023 , a new tax rate of 29% is enacted into law and is scheduled to become effective for 2025 . Taxable income is expected in all future years. Determine the amount to be reported as a future tax liability at the end of 2023 . Indicate its proper classification(s) if Ayayai applies ASPE