Evergreen Companys reconciliation between pretax GAAP income and taxable income follows for the year.

Pretax GAAP income $320,000

Depreciation adjustment (64,000)

Permanent difference 2,000

Taxable income $258,000

The company had one temporary difference due to the GAAP basis of equipment exceeding the tax basis of equipment. Record the income tax journal entry for the year, assuming a tax rate of 25%. Assume that the January 1 deferred tax liability balance was $8,000.