The information below pertains to Mondavi Corporation: (a) For the current year temporary differences existed between the financlal statement carrying amounts and the tax basis of the following: (b) No temporary differences existed at the beginning of the year. (c) Pretax accounting income was $290,000,000 and taxable Income was $119,000,000 for the year and the tax rate is 40% Permanent differences are the cause of any difference between pretax accounting income and taxable income that are not due to temporary differences. Required: Prepare the journal entry to record the tax provision for the current year. Note: If no entry Is requlred for a transaction/event, select "No Journal entry required" In the first account fleld. Journal entry worksheet