Zekany Corporation would have had identical income before taxes on both its income tax returns and income statements for the years 2013 through 2016 except for differences in depreciation on an operational asset. The asset cost $220,000 and is depreciated for income tax purposes in the following amounts:

2013	$	72,600
2014		96,800
2015		33,000
2016		17,600

The operational asset has a four-year life and no residual value. The straight-line method is used for financial reporting purposes.

Income amounts before depreciation expense and income taxes for each of the four years were as follows.

	2013			2014			2015			2016
Accounting income before taxes and depreciation	$	120,000		$	140,000		$	130,000		$	130,000

Assume the average and marginal income tax rate for 2013 and 2014 was 30%; however, during 2014 tax legislation was passed to raise the tax rate to 40% beginning in 2015. The 40% rate remained in effect through the years 2015 and 2016. Both the accounting and income tax periods end December 31.

Required:

Prepare the journal entries to record income taxes for the years 2013 through 2016. (If no entry is required for a particular transaction, select "No journal entry required" in the first account field.)

I was able to solve most of this on my own. What I can't figure out is blank. I do not understand why 25500 is in correct regardomg the income tax expense! Any help would be much appreciated!

Date	General Journal	Debit	Credit
Dec 31, 2013	Income tax expense	19,500
	Deferred tax liability		5,280
	Income tax payable		14,220
Dec 31, 2014	Income tax expense
	Deferred tax liability
	Income tax payable		12,960
Dec 31, 2015	Income tax expense	30,000
	Deferred tax liability	8,800
	Income tax payable		38,800
Dec 31, 2016	Income tax expense	30,000
	Deferred tax liability	14,960
	Income tax payable		44,960