Madrasah Corporation issued its financial statements for the year ended December 31, 2025, on March 10, 2026. The following events took pisce early in 2026. 2. On January 10, 10,000 shares of $ par value common stock were issued at $66 per share. b. On March 1, Msdrasah determined after negotfations wth the Internat Revenue Service that income taxes payable for 2025 should be $1,270,000. At December 31, 2025, income taves payable were recorded at $1,100,000. Discuss how the preceding post-balance-sheet events should be reflected in the 2025 financial statements