McGee Company Deducts Insurance Expense of $84,000 for Tax Purposes

McGee Company deducts insurance expense of $84,000 for tax purposes in 2008, but the expense is not yet recognized for accounting purposes. In 2009, 2010, and 2011, no insurance expense will be deducted for tax purposes, but $28,000 of insurance expense will be reported for accounting purposes in each of these years. McGee Company has a tax rate of 40% and income taxes payable of $72,000 at the end of 2008. There were no deferred taxes at the beginning of 2008.
-What is the amount of the deferred tax liability at the end of 2008?

A) $33,600
B) $28,800
C) $12,000
D) $0