A company makes the following journal entry for 2020:

Dr. Income Tax Expense xxxx

Dr. Deferred Tax Asset 77,000

Cr. Deferred Tax Liability 27,000

Cr. Income Tax Payable 275,000

On the income statement, the deferred portion of income tax expense for 2020 appears as: _______________. Very important: If the amount of the deferred portion is subtracted from the current portion to obtain income tax expense, put a minus sign in front of the amount; if the amount of the deferred portion is added to the current portion, then leave the amount as is.