At the End of the Current Year, Newsmax Inc

At the end of the current year, Newsmax Inc. has $400,000 of subscriptions received in advance included in its balance sheet. A disclosure note reveals that the entire $400,000 will be recognized in the income statement in the next year. In the absence of other temporary differences, in the balance sheet one would also expect to find a:

A) Noncurrent deferred tax liability.
B) Noncurrent deferred tax asset.
C) Current deferred tax liability.
D) Current deferred tax asset.