A company reports 2021 pretax accounting income of $66 million, but because of a single temporary difference, taxable income is only $35 million. No temporary differences existed at the beginning of the year, and the tax rate is 25%. Prepare the appropriate journal entry to record income taxes. (If no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answers in millions rounded to 2 decimal places (1.e., 5,500,000 should be entered as 5.50).) View transaction list Journal entry worksheet Record the income tax. Note: Enter debits before credits. Transaction Debit Credit 1 General Journal Income tax expense Income tax payable Deferred tax liability Record entry Clear entry View general journal