Data for 2023 Accounting income before tax expense is $500,000. This includes a gain on the sale of land for $100,000 and this gain is also a capital gain, of which only one-half is taxable. Depreciation expense recorded $20,000 but not permitted for tax purposes CCA for $30,000 can be deducted for tax purposes Estimated warranty expense recorded is $40,000. Actual warranty repairs made cost $25,000. Rent received in 2023 was $50,000 for the period January 1, 2023 to December 31,2024. Rent is taxed when received. The tax rate for 2023 is 30%. Required: Prepare a reconciliation of accounting income to taxable income and prepare the required journal entry to record current income tax expense