During 2025, Buffalo Co.'s first year of operations, the company reports pretax financial income at $263,100. Buffalo's enacted tax rate is 45% for 2025 and 20% for all later years. Buffalo expects to have taxable income in each of the next 5 years. The effects on future tax returns of temporary differences existing at December 31, 2025, are summarized as follows. Complete the schedule below to compute deferred taxes at December 31, 2025. (Negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) List of Accounts Compute taxable income for 2025. Taxable income for 2025$ eTextbook and Media Prepare the journal entry to record income taxes payable, deferred taxes, and income tax expense for 2025. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)