Azua, Incorporated reported a deferred tax liability of $$1,380,000$ for the year ended December $31,2024,$ related to a

temporary difference of $$6,000,000.$ The tax rate was $23\%.$ The temporary difference is expected to reverse in $2026,$ at which

time the deferred tax liability will become payable. There are no other temporary differences in $2024-2026.$ Assume a new tax

law is enacted in $2025$ that causes the tax rate to change from $23\%$ to $20\%$ beginning in $2026.($The rate remains $23\%$ for $2025$

taxes.$)$ Taxable income in $2025$ is $$15,000,000.$

Determine the effect of the change and prepare the appropriate journal entry to record the company's income tax expense in