The following information is available for Cheyenne Corporation for 2020 . 1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $118,000. This difference will reverse in equal amounts of $29,500 over the years 2021-2024. 2. Interest received on municipal bonds was $10.000. 3. Rent collected in advance on January 1,2020, totaled 558.800 for a 3-year period Of this amount, 539,200 was reported as unearned at December 31, 2020, for book purposes. 4. The takrates are 40% for 2020 and 35% for 2021 and subsequent years. 5. Income taves of $345,000 are due per the tax return for 2020 . 6. No deferred taxes exlsted at the beginning of 2020 . Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes payable for 2020 and 2021. Assume taxable income was $913,000 in 2021. (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-fitles and enter 0 for the amounts.)