Rangee Rover Inc. recorded pretax GAAP income of ($ 89,000) in 2020. The GAAP basis of accounts

Question:

Rangee Rover Inc. recorded pretax GAAP income of $\$ 89,000$ in 2020. The GAAP basis of accounts receivable (net) is $\$ 6,000$ less than the tax basis of accounts receivable. Assuming a tax rate of $25 \%$, record the income tax journal entry on December 31, 2020. Assume zero beginning balances in deferred tax accounts.

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