Cullumber Corporation began operations in $2025$ and reported pretax financial income of $$226,000$ for the year. Cullumber's tax depreciation exceeded its book depreciation by $$39,000.$ Cullumber's tax rate for $2025$ and years thereafter is $30\%.$ Assume this only difference between Cullumber's pretax financial income and taxable income.

Prepare the journal entry to record the income tax expense, deferred income taxes, and income taxes payable. $($List all debit en before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent mally entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

Show how the deferred tax liability will be classified on the December $31,2025,$ balance sheet.

Deferred tax liability should be classified as a on the December $31,2025,$ balance sheet.