Need help with the last part. Other parts are completed.

The following facts relate to Waterway Corporation. 1. Deferred tax liability, January 1,2020,$35,700. 2. Deferred tax asset, January 1,2020,$11,900. 3. Taxable income for 2020,$124,950. 4. Cumulative temporary difference at December 31,2020 , giving rise to future taxable amounts, $273,700. 5. Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $113,050. 6. Tax rate for all years, 20%. No permanent differences exist. 7. The company is expected to operate profitably in the future. (a) Compute the amount of pretax financial income for 2020. Pretax financial income eTextbook and Media List of Accounts (b) Attempts: 2 of 3 used Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) (c) Prepare the income tax expense section of the income statement for 2020, beginning with the line "Income before income taxes." (Enter negative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (45).) \begin{tabular}{|l|} \hline \end{tabular} Waterway Corporation Income Statement (Partial) Income Tax Expense Current $ Deferred eTextbook and Media List of Accounts Save for Later Attempts: 0 of 3 used Submit Answer (d) The parts of this question must be completed in order. This part will be available when you complete the part above