Cassels Corp. (a C-Corporation) generated a Net Operating Loss (NOL) in 2021 of ($80,000). Cassels Corp. should record the following journal entry:

a. DR Current Income Tax Expense $80,000, CR Deferred Tax Asset $80,000

b. DR Current Income Tax Benefit $16,800, CR Deferred Tax Asset $16,800

c. DR Deferred Tax Asset $80,000, CR Current Income Tax Expense $80,000

d. DR Deferred Tax Asset $16,800, CR Current Income Tax Benefit $16,800