Automatic Train Company, Whose Income Tax Rate Is 40%, Has

Automatic Train Company, whose income tax rate is 40%, has taxable income of $856,000 and pretax accounting income of $813,000. Under IFRS the entry to record the income tax includes a:

A) credit to Deferred Tax Liability for $17,200
B) debit to Deferred Tax Asset for $17,200
C) credit to Income Tax Payable for $325,200
D) debit to Income Tax Expense for $342,400