In 20X5, CICO has recognized tax losses of $400,000 at a rate of 30%. In 20X6, the company has taxable income of $75,000. The current tax rate is 30% and the enacted rate for 20x7 is 28%. The company still believes that the benefit for remaining tax losses will all be realized in the future. What is the entry to record the income tax expense (recovery) for 20X6? Multiple Choice Dr. Income tax expenses (recovery) $22,500 Cr. Deferred tax asset $22,500. Dr. Income tax expenses (recovery) $29,000 Cr. Deferred tax asset $29.000. Dr. Income tax expenses (recovery) $21,000 Cr. Deferred tax asset $21,000. Dr Income tax expense (recovery) $22.500 Cr. valuation allowance $9.200 Cr. Deferred tax asset $13, 300