Dwyer Company Reported the Following Results for the Year Ended

Dwyer Company reported the following results for the year ended December 31, 2008, its first year of operations:
The disparity between book income and taxable income is attributable to a temporary difference which will reverse in 2009. What should Dwyer record as a net deferred tax asset or liability for the year ended December 31, 2008, assuming that the enacted tax rates in effect are 40% in 2008 and 35% in 2009?

A) $180,000 deferred tax liability
B) $157,500 deferred tax asset
C) $180,000 deferred tax asset
D) $157,500 deferred tax liability