AT&T LTE 3:49 PM 24 % Atrs A#1.xlsx A#1 Part 1 A#1 Part 2 19-3 (LO1.2) One Temporary Difference, Future Taxable Amounts, One Rate, Beginning Deferred Tase Bandung Corporation provided the following concerning its income taxes for 2017 Balance in Deferred Tax Liability account, January 1, 2017 Cumulative temporary difference, December 31, 2017 $92,00000 350,000 To reverse evenly over the next 2 years accounting income for 2017 Pretax Taxable income for 2017 Income tax rate for all years 25,000 405,000 40% (a) Compute income taxes payable for 2017 (b) Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable 2017 Future Years 2018 2019 Total Future taxable (deductible) amounts Tax rate Deferred tax liability (asset) Debit Credi Prepare the income tax expense section of the income statement for 2017, beginning with the line "Incon before income taxes