2000 Table Amount $7500 000 Required 00 Calculate the taxes payable for the year 2020 Calculate the deferred tax liability for the year 2020 Calculate the total tax expense for 2000 Prepare the journal entry to record the tax expense for 2020 Prepare the income statement presentation of the tax amounts The taxes payable for p 200 are calate as follows Deferred tax liability come Statement Pta come Current expe Deferred expe Pot fur the year