at the end of its first year in business, pebbles corporation reported pretax financial statement income of $50,000. included in pretax income were $10,000 of revenue from installment sales and depreciation expense of $12,000. on the tax return, $5,000 of installment sales revenue was reported, and depreciation expense of $16,000 was deducted. the income tax rate was 40%. pebbles reports installment sales receivables as current assets. on its year-end statement of financial position, how should pebbles report deferred tax amounts? $4,000 as a current asset and $5,000 as a noncurrent asset. $2,000 as a current liability and $1,600 as a current asset. $3,600 as a noncurrent liability. $4,000 as a noncurrent liability and $5,000 as a current liability.