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Prepare the income tax expense section of the income statement for 2026, beginning with the line "Pretax financial income." Oriole Company has two temporary differences between its income tax expense and income taxes payable. The following information is available: The income tax rate for all years is 20% (a) Your answer is correct. Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable for 2025, 2026, and 2027. (Credit account titles are outomatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account tities and enter O for the amounts. List all debit entries before credit entries) Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable for 2025,2026, and 2027. (Credit occount titles ore automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all dohit entriec hofne rradlit susteine i Assuming there were no temporary differences prior to 2025 , indicate how deferred taxes will be reported on the 2026 balance sheet. Oriole's product warranty is for 12 months