Lansing Corporation Reported Depreciation Expense of $50,000 to Compute Pretax

Lansing Corporation reported depreciation expense of $50,000 to compute pretax accounting income and depreciation expense of $90,000 to compute taxable income. Lansing's tax rate is 40%. Lansing will report a:

A) Deferred Tax Liability of $20,000.
B) Deferred Tax Asset of $16,000.
C) Deferred Tax Asset of $20,000.
D) Deferred Tax Liability of $16,000.