In its first year of operations Acme Corp. had income before tax of $410,000. Acme made income tax payments totaling $124,500 during the year and has an income tax rate of 35%. What is the balance in income tax payable at the end of the year?

$124,500 credit.

$ 19,000 debit.

$ 19,000 credit.

$143,500 credit.