The pre-tax income statements for Moonstone Ltd. for two years (summarized) were as follows: Revenues Expenses Pre-tax income 20X8 $274,000 185,000 $ 89,000 20X9 $338,000 241,000 $ 97,000 For tax purposes, the following income tax differences existed: a. Revenues on the 20x9 statement of profit and loss include $41,000 rent, which is taxable in 20X8 but was unearned at the end of 20X8 for accounting purposes. b. Expenses on the 20x9 statement of profit and loss include political contributions of $14,500, which are not deductible for income tax purposes. Expenses on the 20X8 statement of profit and loss include $21,300 of estimated warranty costs, which are not deductible for income tax purposes until 20X9. C. Required: 1. What was the accounting carrying value and tax basis for unearned revenue and the warranty liability at the end of 20X8 and 20X9? Please feel free to enter your answer(s) in the template below: Year 20X8 20X9 Unearned Rent Warranty Unearned Rent Warranty Accounting carrying value Tax basis 2. Compute (a) income tax payable, (b) deferred income tax, and (c) income tax expense for each period. Assume a tax rate of 30%. Please feel free to enter your answer(s) in the template below: 20X8 20X9 a. Income tax payable b. Deferred income tax c. Total income tax expense 3. Give the entry to record income taxes for each period. Please feel free to enter your answer(s) in the template below: Credit No Transaction General Journal Debit 1 20x8 2 20X9