includes the salary deduction of $120,000 referenced previously. If Springs Inc. tax rate is 25% (with no other deferred items), record the income tax journal entry required on December 31 . - Note: If a line in a journal entry isn't required for the transaction, in the last line of the journal entry, select "N/A" as the account name and leave the Dr. and Cr. answers blank (zero). You have correctly selected 1. Marks for this submission: 1.85/5.56