EGR Company provided you with the following information:

$2023$ Net Income: $$1,500,000$

$2024$ Net Income: $$900,000$

$2023$ Tax rate: $40\%$

$2024$ Tax rate: $35\%$

In addition, the only difference between accounting and tax are warranty costs accrued of

$$100,000$ in $2023.$ No actual warranty expenses were incurred in $2023$ or $2024.$

$-$ Prepare journal entries for $2023$ and $2024$ to record income tax expens