2017 FAR CHANGES

Heya!

So I have been studying using Ninja MCQ and Becker, and I just ridiculously got annoyed by this thing and thought I would ask you guys…
If I understand correctly, there have been a couple of changes with GAAP

1. LCM is only applicable for LIFO and Retail method. All else use Lower of Cost or NRV
2. Both DTA and DTL is considered Noncurrent ALWAYS.

So whilst I haven’t had any problems with applying this new change to doing practice questions, I seem to always run into problems with the tax situation. For example, I just did this question on Ninja MCQ:

Bake Co.’s trial balance included the following at December 31, 20X1:

Accounts payable $ 80,000
Bonds payable, due 20X2 300,000
Discount on bonds payable 15,000
Deferred income tax liability 25,000

The deferred income tax liability is not related to an asset for financial accounting purposes and is expected to reverse in 20X2. What amount should be included in the current liability section of Bake’s December 31, 20X1, balance sheet (statement of financial position)?

A.
$365,000

B.
$390,000

C.
$395,000

D.
$420,000

Obviously, you do 80+(300-15). I thought that even if DTL will be reversed within 12 months, under the new concept they are always considered as noncurrent! So I did not take it into account, and guess what, YOU SHOULD!!! So I am extremely confused what is right or wrong.

1. Am I getting this new changed concept wrong?
2. Is Ninja MCQ not up to date with the change?
3. I am taking FAR in April, so what should I do if I do encounter this question on the exam?

HELP ME!!!!