Lewes Company Appropriately Uses the Installment Sales Method for Tax

Lewes Company appropriately uses the installment sales method for tax purposes and the accrual method for revenue recognition for accounting purposes. Pertinent data at December 31, 2016, the close of the first year of operations, are as follows:
Lewes's tax rate is 30%. What amount should be included in the deferred tax account at December 31, 2016 for these installment sales?

A) $150,000 deferred tax asset
B) $150,000 deferred tax liability
C) $500,000 deferred tax asset
D) $500,000 deferred tax liability