The following is selected information from the accounting records of Slow Inc. for $20$X$9$ its first year of operations:

Earnings before income taxes $$680,000$

In determining pre$-$tax accounting earnings, the following deductions were made:

a$.$ Golf club dues $22,000$

b$.$ Accrued warranty costs $59,000$

c$.$ Depreciation $72,000$

For tax purposes, the following deductions were made:

a$.$ Warranty costs incurred $42,000$

b$.$ CCA $144,000$

The capital assets, originally costing $$720,000,$ are depreciated on a straight$-$line basis over $10$ years, zero residual value, with a full year of depreciation taken in $20$X$9$ as the assets were purchased at the start of the year. The tax rate is $35\%.$

Required:

Slow Inc. is a public company. Prepare the journal entry to record income tax at the end of $20$X$9.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$