Cash Cashy Co$.$ a cash$-$basis taxpayer, prepares accrual$-$basis financial statements. Cash Cashy had a deferred tax asset of $$500,000$ from another transaction last year. During $2019,$ tax taxy had net income of $$1,000,000.$ Additionally, it prepaid insurance of $$300,000$ and had warranty obligation of $$100,000.$ The income tax rate is $30\%$ for $2013$ and $2019.$ After a negative review, it was determined that only $60\%$ of the Deferred tax asset will be realized. $(1)$ What is the entry to record the tax expense for $2019.(2)$ what is the entry to record the valuation allowance for $2019$