Farly in Janusy 2021, Devilie Compony purchased machinery costing $780,000. For financial reporting purposes, Devilie Company has a December 31 styear end and uses straight-line depreciation. Deville estimates the useful iffe of this machinery to be four years with no residuni value. For tax purposes, the dectuction is 40%,30%,20%, and 10% over the life of the machinery. Pretax accounting income for 2021 was $880,000, which includes interest revenue or $25,000 from municlpol governmental bonds, Other than the two detcitbed, there are no differences between accounting income and taxable income. The enacted tax rate is 25%. Prepore the joumal entry to record the 2021 provision for income taxes. (if no entry is required for a transaction/event, select "No Journal entry required" in the first account fleid.)