Blossom Inc. has two temporary differences at the end of 2024. The first difference stems from installment sales, and the second one results from the accrual of a loss contingency. Blossom's accounting department has developed a schedule of future taxable and deductible amounts related to these temporary differences as follows. 2025 2026 2027 2028 Taxable amounts $37.100 $45.500 $64,100 $75,700 Deductible amounts (13,600) (20,400) $37,100 $31,900 $43,700 $75,700 As of the beginning of 2024, the enacted tax rate is 34% for 2024 and 2025, and 20% for 2026-2029. At the beginning of 2024, the company had no deferred income taxes on its balance sheet. Taxable income for 2024 is $471,000. Taxable income is expected in all future years (a) Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2024 (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 Income Tax Expere Q Search Deferred Tax Asse Income Tax Payal Deferred Tax Uability 99 Debit. Credit