The following facts relate to Sandhill Corporation.

1.		Deferred tax liability, January 1, 2020, $21,200.
2.		Deferred tax asset, January 1, 2020, $0.
3.		Taxable income for 2020, $100,700.
4.		Pretax financial income for 2020, $212,000.
5.		Cumulative temporary difference at December 31, 2020, giving rise to future taxable amounts, $254,400.
6.		Cumulative temporary difference at December 31, 2020, giving rise to future deductible amounts, $37,100.
7.		Tax rate for all years, 20%.
8.		The company is expected to operate profitably in the future.

a) Compute income taxes payable for 2020.

b)Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2020.

Account Titles and Explanation	Debit	Credit
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount
enter an account title	enter a debit amount	enter a credit amount

c)Prepare the income tax expense section of the income statement for 2020, beginning with the line Income before income taxes.