IndigoCo Ltd. has one temporary difference at the beginning and end of 2023 . The difference is caused by a $765,000 instalment sale that took place at the end of 2022 . The related receivable is due in three equal instalments (i.e., $255,000 each year) in 2024 , 2025, and 2026. Only one-third of the receivable is classified as a short-term asset at the end of 2023; the remainder is classified as a long-term receivable. The related future tax liability at the beginning of 2023 is $153,000, reflecting the company's 20% tax rate. No other temporary or permanent differences exist. In the third quarter of 2023 , a new tax rate of 18% is enacted into law and is scheduled to become effective for 2025 and subsequent years. IndigoCo follows ASPE. (a1) Calculate the amount to be reported as a future tax liability at the end of 2023. Future tax liability - current portion Future tax liability - long-term portion