At the end of 2019, Headland Company has $181,100 of cumulative temporary differences that will result in reporting the following future taxable amounts. 2020 2021 2022 $59,800 51,100 39.000 31,200 $181,100 2023 Tax rates enacted as of the beginning of 2018 are: 2018 and 2019 40 % 2020 and 2021 30 % 2022 and later 25 % Headland's taxable income for 2019 is $316,200. Taxable income is expected in all future years. (a) Prepare the journal entry for Headland to record income taxes payable, deferred income taxes, and income tax expense for 2019, assuming that there were no deferred taxes at the end of 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry"for the account titles and enter Ofor the amounts.) Account Titles and Explanation Debit Credit Income Tax Expense Income Tax Payable Deferred Tax Liability (b) Prepare the journal entry for Headland to record income taxes payable, deferred income taxes, and income tax expense for 2019, assuming that there was a balance of $21,700 in a Deferred Tax Liability account at the end of 2018. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit Income Tax Expense Income Tax Payable Deferred Tax Liability