Coca$-$Cola is headquartered in Atlanta, GA$.$ Coca$-$Cola uses two different depreciation methods:$$ Coca$-$Cola uses the$$straight$-$line depreciation method for its financial statements$$and MACRS for its income tax return. Three years after Coca$-$Cola purchased buildings, one of its$$buildings has a book value of $$840,000$ and a tax basis of $$630,000.$ There were no other temporary differences and no permanent differences for Coca$-$Cola. Taxable income was $$4$ million and Coca$-$Cola$$s tax rate is $25\%.$

$$

What is the DTL$$to be reported on Coca$-$Cola's$$balance sheet? Assuming the DTL$$balance was $$31,000$ the previous year, prepare the appropriate journal entry to record Coca$-$Cola's income taxes this year.