Sheridan Corporation has ane temporary difference at the end of 2025 that will reverse and cause tacable amounts of $58,100 in 2026,$62,900 in 2027 , and $69,000 in 2028. Sheridan's pretax financial income for 2025 is $320,800, and the tax rate is 40% for all years. There are no deferred taxes at the beginning of 2025. (a) Your answer is correct. Compute taxable income and income taxes paryable for 2025. Taxable income $ Income taxes payable $ eTextbook and Media List of Accounts Attempts: 1 of 3 used (b) Prepare the journal entry to record income tax experse, deferred income taves, and income taxes payable for 2025. (List all debit entries before credit entries. Credit account tities 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. pTexthrnk and Media Attempts: 1 of 3 used (c) Prepare the incame tax expense section of the income statement for 2025 , beginning with the line "Income before incame tawes." (Enter negative amounts using either a negative sign preceding the number e. -45 or parentheses e.g (45).)