This is what I have so far but I don't know if it is right or not? Can someone please help!

In 2020, Vaughn Ltd., which follows IFRS, reported accounting income of $977,000 and the 2020 tax rate was 20%. Vaughn had two timing differences for tax purposes: CCA on the company's tax return was $484,000. Depreciation expense on the financial statements was $285,000. These amounts relate to assets that were acquired on January 1, 2020, for $1,936,000. Accrued warranty expense for financial statement purposes was $139,400 (accrued expenses are not deductible for tax purposes). This is the first year Vaughn offers warranties. Both of these timing differences will fully reverse over the next four years, as follows: Year 2021 2022 2023 2024 Depreciation Warranty Difference Expense Rate $69,500 $19,400 20% 48,500 31,600 20% 41,000 39,100 18% 40,000 49,300 18% $199,000 $139,400 Calculate income taxes payable for 2020. Income taxes payable $ 183480 Prepare the journal entries to record income taxes for 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Income Tax Receivable 183480 Income Tax Payable 183480 (To record current tax expense.) Deferred Tax Asset 199000 Deferred Tax Expense 199000 (To record deferred tax expense.) eTextbook and Media List of Accounts In 2021 the government announced a further tax rate reduction will be effective for the 2024 taxation year. The new rate will be 15%. Prepare the journal entry to adjust deferred taxes for the reduced rate. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) Account Titles and Explanation Debit Credit Deferred Tax Asset Deferred Tax Expense