9 The provision for warranty costs at the beginning of 1 July 20X1 is $40,000. The warranty expense for the year ending 30 June 20X2 is $8,000. The warranty costs paid out was $28,000 for the year ending 30 June 20X2. The income tax rate is 30%. What is the journal entry required for the year ending 30 June 20X2? Dr Deferred tax asset $6.000 Cr Income tax expense $6,000 Dr Income tax expense $6,000 Cr Deferred tax liability $6,000 Dr Income tax expense $6,000 Cr Deferred tax asset $6.000 Dr Deferred tax liability $6,000 Cr Income tax expense $6,000