Question 19 5 pts Little Sicily, Inc., reports pretax accounting income of $472,000, but due to a single temporary difference, taxable income is $580,000. At the beginning of the year, no temporary differences existed. Little Sicily is subject to a tax rate of 25%. The appropriate journal entry to record Little Sicily's income taxes would be: dr. Income Tax Expense $172,000; cr. Deferred Tax Liability $27,000; cr. Income Tax Payable $145,000. dr. Income Tax Expense $118,000; dr. Deferred Tax Asset $27,000; cr. Income Tax Payable $145,000. dr. Income Tax Expense $118,000; dr. Deferred Tax Liability $27,000; cr. Income Tax Payable $145,000. dr. Income Tax Expense $172,000; cr. Deferred Tax Asset $27,000; cr. Income Tax Payable $145,000. No journal entry required