The information that follows pertains to Julis Company: (a) Temporory differences for the yeor 2024 are summarized below. Expenses deducted in the tax return, but not included in the income statement: Deprcciation Prepaid expense $54,Bag Expenses reported in the income statement, but not deducted in the tox return: Warranty expense $8,4ga (b) No temporary differences existed ot the beginning of 2024. (c) Pretox occounting income wos $60,400 and toxoble income wos $7,400 for 2024 . (d) There were no permanent differences. (e) The tox rete is 40%. Required: Prepare the journal entry to record the tox provision for 2024 . Note: If no entry is required for a transaction/event, select "No journal entry required" In the fi Journal entry worksheet Note: Enter debits befare credits