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 $195,000 and taxable income of $19,000,000. At the end of the previous year, Pocus reported a deferred tax asset of $79,000 related to the difference in reporting warranty expense, Its only temporary difference. The enacted tax rate is 25% 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.) View transaction list Journal entry worksheet Record the income taxes. Note: Enter debits before credits. Transaction General Journal Debit Credit K Income tax expense Deferred tax asset Income tax payable Record entry View general journal Clear entry