Mizzou, Inc.'s current income tax payable is $30M after being reduced by a $10M tax benefit. Further details about the likelihood of sustaining the tax benefit are provided below. Amount to be sustained $10M $9M $8M $7M $6M Percentage likelihood 10% 15% 20% 25% 30% Cumulative likelihood 10% 25% 45% 70% 100% Assume that the management at Mizzou, Inc. believes that it is more likely than not that the tax benefit is sustainable when challenged. Find All appropriate journal entries needed to account for the tax expense. Dr. Income Tax Expense $50M Dr. Income Tax Expense $43M Dr. Income Tax Expense $37M Dr. Income Tax Expense $33M O Cr. Income Tax Payable $40M Cr. Income Tax Payable $37M O Cr. Income Tax Payable $33M Cr. Income Tax Payable $30M Cr. Liability - Projected Additional Tax $10M O Cr. Liability - Projected Additional Tax $9M