In 2021, DFS Medical Supply collected rent revenue for 2022 tenant occupancy. For income tax reporting, there is and when collected. For financial statement reporting, the rent is recorded as deferred revenue and then recognized as revenue in the period tenants occupy the rental property. The deferred portion of the rent collected in 2021 amounted to 5430,000 at December 31, 2021 DFS had no temporary differences at the beginning of the year Required: Assuming an income tax rate of 25% and 2021 income tax payable of $980,000, prepare the journal entry to record income taxes for 2021 (If no entry is required for a transaction/event, select "No journal entry required in the first account field) View transaction Journal entry worksheet > MacBook 13: TE :8 38 8: 33 C 96 8 7 0 . > N 2 op command alt HE on command