Synthia manufacturing Corp. reported pre tax GAAP incomeof $3,250,000 for the current year.

- the change in the difference in the basis of plant assets is $430,000, where the book basis is higher than the tax basis

- $12,000 of the Synthia's pre tax GAAP income is nontaxable income from municipal bonds

- At the

beginning

of the

current

year,

Synthia's

estimated

warranty

liability

had

a balance

of $67,000.

Actual

repairs

cost

$55,000

and

the

company

accrued

an

additional

$72,000

for

the

current

year.

- Synthia paid fine of $100,000 to the federal government

prepare the journal entry required for tax expense, assuming the income tax rate is 40%?