The following journal entry summarizes for the current year the income tax expense of Sophie's Software Warehouse. General Journal Debit Credit Income tax expense 1,500,000 Cash 960,000 Income tax payable 330,000 Deferred income taxes 210,000 To record income tax expense for the current year. b. What is the amount of income tax that the company has paid or expects to pay in conjunction with its income tax return for the current year? c. Show how income taxes will be presented in the liability section of the statement of financial position (balance sheet) for the current year