At the beginning of 2020, Armstead Corporation discovered that depreciation expense in the years before 2020 was incorrectly calculated and recorded. For the years before 2020, the total depreciation expense of $169,000 was recorded, whereas the correct total depreciation expense was $77,000. The tax rate is 30%. Armstead follows IFRS and the deferred tax method of accounting for income taxes. Prepare Armsteads 2020 journal entry concerning the depreciation expense that was recorded in the years before 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)