Ditto Corp.'s income statements accounts at 12/31, adjusted for all items except bonus and income taxes is given below.

DR CR

SALES $1,300,000 (CR)

COST OF GOODS SOLD $700,000 (DR)

OPERATING EXPENSES

SALARIES $200,000 (DR)

DEPRECIATION $50,000 (DR)

OFFICE EXP $60,000 (DR)

MISC. EXP $40,000 (DR)

Income before bonus and tax is $250,000.

The income tax rate is 40%.

The bonus is equal to 10% of income before bonus and tax, after bonus but before tax, before bonus but after tax, and after both bonus and tax.

Make the entries required at 12/31 to adjust salary expense and to record income tax expense.