Sheffield Inc. had accounting income of $$156,900$ in $2023.$ Included in the calculation of that amount is the CEO's life insurance expense of $$5,100,$ which is not deductible for tax purposes. In addition, the UCC for tax purposes is $$15,000$ lower than the net carrying amount of the property, plant, and equipment, although the amounts were equal at the beginning of the year.

Prepare Sheffield's journal entry to record $2023$ income tax. Assume that Sheffield has a tax rate of $25\%$ and that Sheffield uses the taxes payable method of accounting for income taxes under ASPE. $($List debit entry before credit entry. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

$\backslash$table$[[$Year Account Titles and Explanation Credit$],[2023,$ Debit$]]$

List of Accounts