Lance Lawn Services reports warranty expense by estimating the amount that eventually will be paid to satisfy warranties on its product sales. For tax purposes, the expense is deducted when the warranty work is completed. At December 31, 2021, Lance has a warranty liability of $2 million and taxable income of $85 million. At December 31, 2020, Lance reported a deferred tax asset of $451,000 related to this difference in reporting warranties, Its only temporary difference. The enacted tax rate is 25% each year Required: Prepare the appropriate journal entry to record Lance's income tax provision for 2021 (If no entry is required for a transaction/event, select "No Journal entry required in the first account field, Enter your answers in whole dollars.) View transaction list Journal entry worksheet Record 2021 income taxes. Note: Enter debits before credits Transaction General Journal Debit Credit Record entry Clear entry View general journal