The information that follows pertains to Esther Food Products:

1. At December 31, 2021, temporary differences were associated with the following future taxable (deductible) amounts:

Depreciation	$	52,000
Prepaid expenses		22,000
Warranty expenses		(19,000	)

2. No temporary differences existed at the beginning of 2021.
3. Pretax accounting income was $74,000 and taxable income was $19,000 for the year ended December 31, 2021.
4. The tax rate is 25%.

Required: Complete the following table given below and prepare the appropriate journal entry to record income taxes for 2021.

Calculation General Journal Complete the following table given below to record income taxes for 2021. (Negative amounts should be entered with a minus sign.) Tax Rate = Tax $ Recorded as: $ 74,000 Pretax accounting income Permanent differences 74,000 $ 0 Income subject to taxation Temporary Differences X = Deferred tax liability - - Income taxable in current year $ 74,000 Calculation General Journal Prepare the appropriate journal entry to record income taxes for 2021. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list View journal entry worksheet No Transaction General Journal Debit Credit 1 1 No Transaction Recorded