Question 4 of 4 ( 0.33/1 Kingbird Corporation has one temporary difference at the end of 2021 that will reverse and cause taxable amounts of $49,800 in 2022, $54,700 in 2023, and $69.300 in 2024, Kingbird's pretax financial income for 2021 is $385,000, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2021. Compute taxable income and income taxes payable for 2021 62360 -M Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2021. (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 tities and enter O for the amounts) Account Titles and Explanation Debit Credit eTextbook and Media List of Accounts