Sunland Inc. began business on January 1, 2025. Its pretax financial income for the first 2 years was as follows: The following items caused the only differences between pretax financial income and taxable income: 1. In 2025, the company collected $351,000 of rent; of this amount, $117,000 was earned in 2025 ; the other $234,000 will be earned equally over the 2026-2027 period. The full $351,000 was included in taxable income in 2025 . 2. The company pays $9,700 a year for life insurance on officers for which it is the beneficiary. 3. In 2026, the company terminated a top executive and agreed to $81,000 of severance pay. The amount will be paid $27,000 per year for the years 2026 through 2028. The 2026 payment was made. The $81,000 was expensed in 2026. For tax purposes, the severance pay is deductible as it is paid. The enacted tax rates existing at December 31, 2025 are: Prepare the journal entry to record income taxes for 2025 . (Credit account titles 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 0 for the amounts. List all debit entries before credit entries.)