The information that follows pertains to Esther Food Products:

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

Depreciation $ $54,000$

Prepaid expenses $23,000$

Warranty expenses $(20,000)$

No temporary differences existed at the beginning of $2021.$

Pretax accounting income was $$77,000$ and taxable income was $$20,000$ for the year ended December $31,2021.$

The tax rate is $25\%.$

Required:

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

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