On 1 January 20X3, Highmark Corp. had the following deferred tax balances: Deferred income tax asset related to warranty Deferred income tax liability related to capital assets $ 19,000 $126,000 On this date, the net book value of capital assets was $1,810,000 and UCC was $1,480,000. There was a warranty liability of $46,000. In 20X3, accounting income was $230,000. This included non-tax-deductible expenses of $48,000, dividend revenue (non-taxable) of $15,000, depreciation of $81,000, and a warranty expense of $42,000. Warranty claims paid were $57,000 and CCA was $105,000. Required: Provide the journal entry to record tax expense in 20X3. The enacted tax rate was 40% in 20X3. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Record the entry for current and deferred tax expense/benefit. Note: Enter debits before credits. Date General Journal 20x3 Income tax expense Debit Credit