Sometimes Taxable Contractors $($STC$)$ is preparing its $2023$ financial statements. STC has pretax income in $2023$ of $$195,000,$ which includes municipal bond interest of $$90,000.$ In $2021$ and $2022,$ respectively, TTC had taxable income$/($loss$)$ reported on their tax return of $$70\mathrm{.}000$ and $($$$35,000).$ STC has two items of depreciable property: both are depreciated using straightline for financial reporting purposes with one full year of depreciation taken in the first year regardless of when the asset was purchased. One item is a fleet of automobiles with an estimated life of $4$ years and no salvage value which was bought in $2019$ for $$116,000,$ and the other is a bunch of shrubbery with an estimated life of $18$ years and no salvage value which was purchased and planted in $2017$ for $$725,000.$ In addition, in the current year, STC has expenses $($included in operating income$)$ totaling $$60,000$ which it is deducting in the current year, but which it is uncertain will hold up in their entirety if challenged by the IRS. The accountants believe that there is a $25\%$ chance none will be upheld, a $40\%$ chance $$23,000$ will be upheld, a $5\%$ chance $$35,000$ will be upheld, and a $30\%$ chance they will be upheld in their entirety. Assume a statutory tax rate of $25\%.$ Prepare all relevant adjusting entries for income tax expense and any income tax accrualstdeferrals for $2023.$