Robinson Company Had a Net Deferred Tax Liability of $35,360

Robinson Company had a net deferred tax liability of $35,360 at the beginning of the year, representing a net taxable temporary difference of $104,000 (taxed at 34 percent) . During the year, Robinson reported pretax book income of $404,000. Included in the computation were favorable temporary differences of $54,000 and unfavorable temporary differences of $22,000. During the year, Congress reduced the corporate tax rate to 21 percent. Robinson's deferred income tax expense or benefit for the current year would be:

A) Net deferred tax benefit of $6,720.
B) Net deferred tax expense of $6,720.
C) Net deferred tax benefit of $6,800.
D) Net deferred tax expense of $6,800.