The accounting records of Oriole Inc. show the following data for $2022.$

Equipment was acquired in early January for $$319,000.$ Straight$-$line depreciation over a $5-$year life is used,

with no residual value. For tax purposes, Oriole used a $30\%$ rate to calculate depreciation.

Interest revenue on governmental bonds totaled $$3,600.$

Product warranties were estimated to be $$54,500$ in $2022.$ Actual repair and labor costs related to the

warranties in $2022$ were $$10,800.$ The remainder is estimated to be paid evenly in $2023$ and $2024.$

Sales on an accrual basis were $$93,000.$ For tax purposes, $$74,700$ was recorded on the installment$-$sales

method.

Fines incurred for pollution violations were $$3,800.$

Pretax financial income was $$748,300.$ The tax rate is $30\%.$

a$)$ prepare a schedule starting with pretax financial income in $2022$ and ending with taxable income in $2022.$

b$)$ prepare the journal entry for $2022$ to record income taxes payable, income tax expense, and deferred income taxes.