Kraft Company made the following journal entry in late 2025 for rent received on property it leases to Danford Corporation:

(debit)Cash: 150,000

(credit)Unearned Rent Revenue: 15,000

The payment represents rent for the years 2026 and 2027, the period covered by the lease. Kraft is a cash basis taxpayer. Kraft's tax rate is 25%. Assuming that income taxes payable at the end of 2026 is $255,000, what amount of income tax expense would Kraft record for 2026? If the answer is "$273,750" how is arrived to that?