Wildhorse Ltd. has a September 30 fiscal year end and a 15% income tax rate. The following information is iwallable for its 2024 year end: 1. Earned $584,000 of service revenue and incurred $488,000 of cperating expenses. Interest expense was $2,760. 2. On October 5.2023 paid $55.200 of dividends that had been declared on September 25, 2023. 3. On September 28,2024 , declared $44,160 of dividends payable on October 8,2024 \$ 4. Retained earnings on September 30,2023 , were $262,200. 5. Issued common shares for $27,600 cash on July 2,2024 Your answer is correct. Prepare an income statement. Journalize the adjustment for income tax assuming no income tax instalments were made during the year. (Credit occount 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 ond enter o for the amounts. List debit entry before credit entry.) Quevilien Part Seore y (c) Question Part Score (c) eTextbok and Media List of Accounte Question Part Score