At December $31,2024,$ Crane Corporation reported a deferred tax liability of $$180000$ which was attributable to a taxable temporary difference of $$680000.$ The temporary difference is scheduled to reverse in $2025.$ In $2025,$ a new tax law increased the corporate tax rate from $20\%$ to $30\%.$ Crane should record this change by debiting

Income Tax Expense for $$68000.$

Retained Earnings for $$18000.$

Income Tax Expense for $$18000.$

Retained Earnings for $$68000.$