Pocus, Inc., reports warranty expense when related products are sold. For tax purposes, the warranty costs are deductible as incurred. At the end of the current year, Pocus has a warranty liability of $225,000 and taxable income of $25,000,000. At the end of the previous year, Pocus reported a deferred tax asset of $85,000 related to the difference in reporting warranty expense, its only temporary difference. The enacted tax rate is 30% each year. Required: Prepare the appropriate journal entry for Pocus to record the income tax provision for the current year. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)