need fast

The following facts relate to Blue River Incorporation: 1) Deferred tax asset, January 1, 2020, 32,000. 2) Pretax financial income for 2019, 250,000. 3) Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, 40,000. 4 Tax rate for all years, 40%. 5) The company is expected to operate profitably in the future. REQUIRED: c) Prepare the income tax expense section of the income statement for 2020, beginning with the line "Income before income taxes." (2 Marks)