At the end of 2019, Pronghorn Company has $ 182,800 of cumulative temporary differences that will result in reporting the following future taxable amounts.

2020		$ 59,100
2021		51,700
2022		41,300
2023		30,700
		$ 182,800

Tax rates enacted as of the beginning of 2018 are:

2018 and 2019		40	%
2020 and 2021		30	%
2022 and later		25	%

Pronghorns taxable income for 2019 is $ 327,700. Taxable income is expected in all future years. (a) Prepare the journal entry for Pronghorn 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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit

(b) Prepare the journal entry for Pronghorn to record income taxes payable, deferred income taxes, and income tax expense for 2019, assuming that there was a balance of $ 21,400 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 0 for the amounts.)

Account Titles and Explanation	Debit	Credit