in their 2019 financial statements, clark company reported estimated losses on disposal of unused plant facilities of $2,400,000. when they sold the facilities in march 2020, they recognized the $2,400,000 loss for tax purposes. in addition, clark company paid $100,000 in premiums in 2019 for a two-year life insurance policy in which the company was the beneficiary. krause paid $780,000 in income taxes in 2019 when their tax rate was 20%. if their 2020 tax rate is also 20%, how much would clark have reported as a net deferred tax asset or liability on their december 31, 2019 balance sheet?