Health Co., organized on January 2, 2019, had pretax accounting income of $440,000 and taxable income of $800,000 for the year ended December 31, 2019. The only temporary difference is accrued product warranty costs which are expected to be paid as follows: 2020 2021 2022 2023 $120,000 40,000 60,000 140,000 The enacted income tax rates are 35% for 2019 through 2022, and 25% for 2023. If Health expects taxable income in future years, the deferred tax asset in Health's December 31, 2019 balance sheet should be O O 0 o $ 96,000 $112,000 s 88,000 $126,000