The following facts relate to Sunland Corporation. 1. Deferred tax liability, January 1, 2025, $27,600. 2. Deferred tax asset, January 1, 2025, $0. 3. Taxable income for 2025, $113,050. 4. Pretax financial income for 2025, $219,000. 5. Cumulative temporary difference at December 31, 2025, giving rise to future taxable amounts, $285,600. 6. 9 Cumulative temporary difference at December 31, 2025, giving rise to future deductible amounts, $41.650. Tax rate for all years, 20%. 7. 8. The company is expected to operate profitably in the future. (a) Your answer is correct. (b) Your answer is correct. Compute income taxes payable for 2025. Income taxes payable eTextbook and Media List of Accounts 22610 Attempts: 1 of 5 used Your answer is correct. Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2025. (List all debit entries before credit entries. 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 O for the amounts.) Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2025, (List all debit entries before credit entries. 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 O for the amounts.) (c) Account Titles and Explanation Income Tax Expense Deferred Tax Asset Income Tax Payable Deferred Tax Liability eTextbook and Media List of Accounts Debit Credit 43800 8330 22610 29520 Attempts: 3 of 5 used Prepare the income tax expense section of the income statement for 2025, beginning with the line "Income before income taxes." (Enter negative amounts using either a negative sign preceding the number eg.-45 or parentheses e.g. (45).) SUNLAND CORPORATION Income Statement (Partial) For the Year Ended December 31, 2025 Income before Income Taxes Income Tax Expense Current Deferred Net Income/(Loss) eTextbook and Media List of Accounts 22610 29520 219000 (52130) 166870 Attempts: 1 of 5 used Submit