ivanhoe Corp. has a deffered tax asset account with a balance of $70,400 at the end of 2024 due to a single cumulative temporary difference of $352,000. At the end of 2025, this same temporary differneces had increased to a cumulative amount of $405,000. taxable income for 2025 is $817000. the tax is 20% for all years. No valution account related to the deffered tax asset is in existence at the end of 2024. a) Record income tax expense, deffered income taxes, and income taxes payable for 2025, assuming that it is more likely than not that the deffered tax asset will be realized. b) Assuming that it is more likely than not that $10,600 of deffered tax asset will not be realized, peepare the journal entry at the end of 2025 to record the valuation account.