South Carolina Corporation has one temporary difference at the end of 2017 that will reverse and cause taxable amounts for the next three years. The respective reversal amounts follow 018 019 2020 Part 1: One Temporary Difference, Future Taxable Amounts, One Rate, Beginning Deferred Taxes Other information concerning the company's finangial information follows 327,76600 South Carolina's pretax financial income for 2017 Tax rate for all years 27% There are no deferred taxes at the beginning of 2017 Instructions (a) Compute taxable income and income taxes payable for 2017 (b) Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017 Future Years 2018 2019 2020 Total Debit Prepare the income tax expense section of the income statement for 2017, beginning with the line Tncome (C) before income taxes