The following information is available for Blue Corporation for $2024($its first year of operations$).$

Excess of tax depreciation over book depreciation, $$37,200.$ This $$37,200$ difference will reverse equally over the years

$2025-2028.$

Deferral, for book purposes, of $$21,400$ of rent received in advance. The rent will be recognized in $2025.$

Pretax financial income, $$274,100.$

Tax rate for all years, $20\%.$

Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for $2025,$ assuming

taxable income of $$312,200.($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 $0$ for the amounts.$)$