Clausius Ltd. made four quarterly payments of $3,200 each to the CRA during 2014 as instalment payments on its estimated 2014 tax liability. At year end, Clausius's controller completed the company's 2014 tax return, which showed income tax of $20,000 on its 2014 income. Prepare the summary entry for the quarterly tax instalments and the year-end entry to recognize the 2014 income tax. Identify any year-end statement of financial position amount that is related to income tax and indicate where it should be reported.