Custer Hardware Inc. in its first year of operations $(2023)$ incurred a Net Loss for Financial Statement purposes of $$200,000.$ There were no book$/$tax differences in $2023.$ The company expects to earn a profit of $$150,000$ in $2024$ and continue to be profitable in subsequent years. The $2023$ tax rate was $35\%,$ and tax rates for $2024$ and beyond are at $20\%.$ Assume that Custe Hardware will carry forward the NOL. Prepare the Journal entry needed at $12/31/23$ for Custel Hardware to record its tax expense. $(3$ pts$)$