Blossom Inc's only temporary difference at the beginning and end of 2024 is caused by a $3.03 million deferred gain for tax purposes

for an installment sale of a plant asset, and the related receivable (only one-half of which is classified as a current asset) is due in equal

installments in 2025 and 2026. The related deferred tax liability at the beginning of the year is $909,000. In the third quarter of 2024,

a new tax rate of 20% is enacted into law and is scheduled to become effective for 2026. Taxable income for 2024 is $5,050,000, and

taxable income is expected in all future years.

(a)

Determine the amount reported as a deferred tax liability at the end of 2024.

Deferred tax liability ______