Part B: Required: 3. Complete the following table assuming Music estimates its tax liability for the year 2023 to be $654,000. (Do not round intermediate calculations.) Actual profit before tax Estimated income tax expense Profit 4. Assuming that actual tax for the year 2023 was determined to be $722,000, prepare the appropriate adjusting entry at year-en bring the balance in the Income Tax Expense account to the correct balance, assuming no accrual has yet been recorded for the f quarter. View transaction list No 1 Jan.- Mar. Apr.- June July - Sept. $ 287,000 113,207 $ 417,000 $ 437,000 164,486 172,375 Oct.- Dec. $ 517,000 203,931 $ 173,793 $ 252,514 $ 264,625 $ 313,069 View journal entry worksheet Date December 31, 2023 Income tax expense Income tax payable General Journal Debit 271,932 Credit 271,932