At the end of 2024, Bridgeport Company has $179,200 of cumulative temporary differences that will result in reporting the following future taxable amounts. 2025 $57,400 2026 50,600 2027 40.100 2028 31,100 $179,200 Tax rates enacted as of the beginning of 2023 are: 2023 and 2024 40% 2025 and 2026 30% 2027 and later 25% Bridgeport's taxable income for 2024 is $328,900. Taxable income is expected in all future years. (a) Prepare the journal entry for Bridgeport to record income taxes payable, deferred income taxes, and income tax expense for 2024, assuming that there were no deferred taxes at the end of 2023. (List all debit entries before credit entries. 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 O for the amounts.) Account Titles and Explanation Debit Credit (b) Prepare the journal entry for Bridgeport to record income taxes payable, deferred income taxes, and income tax expense for 2024, assuming that there was a balance of $21,500 in a Deferred Tax Liability account at the end of 2023.(List all debit entries before credit entries. 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 O for the amounts.) Account Titles and Explanation Debit Credit