Brief Exercise 16-10 Multiple tax rates [LO16-5) J-Matt, Inc., had pretax accounting income of $293,000 and taxable income of $305,000 in 2018. The only difference between accounting and taxable income is estimated product warranty costs for sales this year. Warranty payments are expected to be in equal amounts over the next three years. Recent tax legislation will change the tax rate from the current 40% to 30% in 2020 Determine the amounts necessary to record J-Matt's income taxes for 2018 and prepare the appropriate journal entry. Complete this question by entering your answers in the tabs below. Income Tax General Journal Determine the amounts necessary to record 3-Matt's income taxes for 2018. Current tax payable General Journal >