On January 1, 2023, Ameen Company purchased major pieces of manufacturing equipment for a total of $3.6 million. Ameen uses straight-line depreciation for financial statement reporting and deducted 100% of the equipment's cost for income tax reporting in 2023. At December 31, 2023, the book value of the equipment was $3 million. here were no other temporary differences and no permanent differences. Pretax accounting income for 2023 was $5 million. Taxable income was 1.4 million. Required: 1. Prepare the appropriate journal entry to record Ameen's 2023 income taxes. Assume an income tax rate of 25%