Question 13 of 14 0.79/1 E Carla Inc, in its first year of operations, has the following differences between the book basis and tax basis of its assets and liabilities at the end of 2019. Equipment (net) Estimated warranty liability Book Basis Tax Basis $440,000 $383,700 $214,000 $-0- It is estimated that the warranty liability will be settled in 2020. The difference in equipment (net) will result in taxable amounts of $20,200 in 2020. $27.000 in 2021, and $9,100 in 2022. The company has taxable income of $521,000 in 2019. As of the beginning of 2019. the enacted tax rate is 34% for 2019-2021, and 30% for 2022 Carla expects to report taxable income through 2022. Your answer is partially correct. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2019. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry for the account titles and enter o for the amounts.) Debit Credit Account Titles and Explanation Income Tax Expense Deferred Tax Asset 67320 Income Tax Payable 177140 Deferred Tax Liability 18778 e Textbook and Media List of Accounts Your answer is partially correct. Indicate how deferred income taxes will be reported on the balance sheet at the end of 2019. Carla Inc. Balance Sheet December 31, 2019 Non-current Assets Deferred Tax Asset 11910 e Textbook and Media