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Geary Corporation began operations on 1/1/21. On 12/31/21, Geary has pretax accounting income of $375,000 and taxable income of $350,000. The difference is due to the following: a) Geary uses a different method of depreciation for tax purposes than accounting, allowing additional depreciation of $75,000 to be deducted in computing taxable income. b) Estimated warranty costs of $50,000 were deducted in computing accounting income. Actual expenditures for warranties in 2021 were $30,000, and the remainder will be deductible for tax purposes in future years. c) Geary received payment of $40,000 from Baxter Company for two years rental of a portion of Geary' warehouse. The payment is taxable when received, but will not be recognized as rental revenue in the financial statements until the two years over which it is earned. d) Geary earned $10,000 interest on tax-free municipal bonds. Geary has enacted tax rates of 21% for 2021 and 23% for future years. Prepare the 2021 tax journal entry needed by Geary