The following information is for Hulk Gyms' first year of operations. Amounts are in millions of dollars. The enacted tax rate is 30%. Year 2018 $58.6 Future Taxable Amounts 2019 2020 2021 Future Amounts Total 2022 Accounting income Temporary difference: Prepaid insurance Taxable income $2.3 $2.3 $2.3 $2.3 $9.2 (9.2) $ 49.4 Required: Prepare a compound journal entry to record the income tax expense for the year 2018. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in whole dollars.)