07:38 AM / Remaining: 76 min. CALCULATOR PULL SCREEN Exercise 19-02 The following information is available for Stellar Corporation for 2019 (its first year of operations). 1. Excess of tax depreciation over book depreciation, $41,000. This $41,000 difference will reverse equally over the years 2020-2023. 2. Deferral, for book purposes, of $18,100 of rent received in advance. The rent will be recognized in 2020. 3. Pretax financial income, $300,200. 4. Tax rate for all years, 20%. Compute taxable income for 2019. Taxable income 277300 Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2019. (Credit account titles are au amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amoun Account Titles and Explanation Debit Credit Income Tax Expense Deferred Tax Asset Income Tax Payable Deferred Tax Liability Derefred Tax Asset Income Tax Payable Deferred Tax Liability Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020, assuming taxable income of $310,400. (Cru automatically indented when amount is entered. Do not Indent manually. If no entry is required, select "No Entry" for the account titles and ant. Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Work Quan Alamatan g acer