Rey Corporation began operations in 2018 and offered an assurance warranty on its coolers. Rey accrues warranty expenses for this service warranty in the period of sale. Warranty expenses recognized in 2018 were $100,000, but no warranty claims were made in 2018. Reys 2018 pre-tax financial income was reported at $400,000. Assuming this warranty expense is the only book-tax difference, and assuming that the tax rate is 30% for all periods, the journal entry to record income tax expense in 2018 would include:

a debit to Income Taxes Payable for $150,000

a debit to Income Tax Expense for $120,000

a credit to Deferred Tax Asset for $30,000

a debit to a Deferred Tax Liability for $20,000