At the end of its first year of operations on December 31,2020, the Brandon Company reported taxable income of $100,000 and had a pretax financial loss of $60,000. Differences between taxable income and pretax financial income included interest revenue received from municipal obligations of $20,000 and warranty expense accruals of $180,000. Warranty expenses of $90,000 are expected to be paid in 2021 and \$110,000 in 2022. The enacted income tax rates for 2020,2021 , and 2022 are 30%,35%, and 40%, respectively. The journal entry to record income tax expense on December 31,2020 , would be