A company reports 2021 pretax accounting income of $78 million, but because of a single temporary difference, taxable income is only $41 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 (i.e., 5,500,000 should be entered as 5.50).) Answer is complete but not entirely correct. 1 No 1 Transaction Income tax expense Deferred tax liability Income tax payable General Journal Debit 19,500,000.0 Credit 9,250,000.00 10,250,000.0