Required: 3. Complete the following table assuming Music estimates its tax liability for the year 2020 to be $663,000. (Do not round intermediate calculations.) Jan-Mar Apr. June July - Sept. Oct-Dec $ 293,000 $ 423,000 S 443,000 $ 523,000 Income before tax Estimated income tax expense Profit h 4. Assuming that actual tax for the year 2020 was determined to be $782.000 prepare the appropriate adjusting entry at year-end to bring the balance in the Income Tax Expense account to the correct balance, assuming no accrual has yet been recorded for the fourth quarter View transaction list Journal entry worksheet Record the entry to adjust income tax expense to actual income tax. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2020 Record entry Clear entry View general journal 5. Calculate Music's actual profit for the year 2020, Actual profil Required: 3. Complete the following table assuming Music estimates its tax liability for the year 2020 to be $663,000. (Do not round intermediate calculations.) Jan-Mar Apr. June July - Sept. Oct-Dec $ 293,000 $ 423,000 S 443,000 $ 523,000 Income before tax Estimated income tax expense Profit h 4. Assuming that actual tax for the year 2020 was determined to be $782.000 prepare the appropriate adjusting entry at year-end to bring the balance in the Income Tax Expense account to the correct balance, assuming no accrual has yet been recorded for the fourth quarter View transaction list Journal entry worksheet Record the entry to adjust income tax expense to actual income tax. Note: Enter debits before credits General Journal Debit Credit Date December 31, 2020 Record entry Clear entry View general journal 5. Calculate Music's actual profit for the year 2020, Actual profil