Lake Corp., a newly organized company, reported pretax financial income of $100,000 for 20X0. Among the items reported in Lake's 20X0 income statement are the following: • Premium on officer's life insurance with Lake as owner and beneficiary of $15,000 • Interest received on municipal bonds of $ 20,000 The enacted tax rate for 20X0 is 30% and 25% thereafter. In its December 31, 20X0, balance sheet, Lake should report a deferred income tax liability of