17 2.5 pts Palm Tree Inc. started 2021 with a deferred tax liability of $200. As of the end of the period, Palm Tree identifies future taxable amounts of $880. Palm Tree has a tax rate of 25%, and calculates that taxes payable will be $130. Palm Tree's tax expense journal entry will include a: O Credit to deferred tax liability for $220 O Debit to tax expense for $150 O Debit to tax expense for $50 O None of the options listed. O Debit to tax expense for $220