In the First Year of an Asset's Life, Taking a Larger

In the first year of an asset's life, taking a larger depreciation deduction on the tax return than was taken as an expense on the income statement will cause tax expense to be

A) larger than tax payable and create a deferred tax asset.
B) larger than tax payable and create a deferred tax liability.
C) smaller than tax payable and create a deferred tax asset.
D) smaller than tax payable and create a deferred tax liability.
E) larger or smaller than tax payable, depending on the actual amounts involved.