Current Attempt in Progress

At the beginning of $2025,$ Carla Vista Co$.$ purchased an asset for $$2150000$ with an estimated useful life of $5$ years and an estimated

salvage value of $$157000.$ For financial reporting purposes, the asset is being depreciated using the straight$-$line method; for tax

purposes, the double$-$declining$-$balance method is being used. Carla Vista's tax rate is $20\%$ for $2025$ and all future years.

At the end of $2025,$ which of the following deferred tax accounts and balances is reported on Carla Vista's balance sheet?

Account Balance

Deferred Tax Asset $,$$$92280$

Deferred Tax Liability $,$$$92280$

Deferred Tax Asset $$143740$

Deferred Tax Liability $,$$$143740$