Problem 2 (7 points) For 2018, its first year of operations, HD Corporation's reconciliation of pretax accounting income to taxable income is as follows: Pretax accounting income $300,000 Temporary difference-Estimated Warranty Expense Taxable income 20,000 320,000 HD's tax rate is 40%. HD determined that it was more likely than not that 30% of the deferred tax asset ultimately wrould not be realized Prepare a journal entry (entries) to record the company's tax provision for the year 2018 (5 points) a. Credit Account Description Debit Workings: What is the net income on the income statement for the year ended December 31 points) , 2018? (2 b