An entity computed its pre-tax income in its GAAP compliant books at P2,450,000 while its income per income tax return properly computed at P2,850,000. There has been a temporary difference causing...

An entity computed its pre-tax income in its GAAP compliant books at
P2,450,000 while its income per income tax return properly computed at
P2,850,000. There has been a temporary difference causing the
discrepancy between the two amounts. The tax rate is 30%. How much is
the Deferred Tax Liability of the company to be presented in its statement
of financial position?

A. P120,000
B. P855,000
C. P735,000
D. P0