Gore Company, organized on January 2, 2021, had pretax accounting income of $6,200,000 and taxable income of $8,720,000 for the year ended December 31, 2021. The 2021 tax rate was 25%. The only difference between book and taxable income is estimated warranty costs. Expected payments and scheduled enacted tax rates are as follows: 25 2022 $840,000 30% 2023 420,000 30% 2024 420,000 30% 2025 840,000 35% 10 points (8 01:48:12 Required: Prepare one compound journal entry to record Gore's provision for taxes for the year 2021. (If no entry is required for transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the income taxes. Note: Enter debits before credits. Transaction Debit Credit General Journal Income tax expense Deferred tax liability Income tax payable