Batton, Inc. had two temporary timing differences between its income tax expense and income taxes payable: 2020 2021 Pretax financial income $840,000 $910,000 (40,000) Excess depreciation expense on tax return (30,000) Excess warranty expense in financial income_20,000 10,000 Taxable income $830,000 $880,000 REQUIRED: Prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for each year, 2020 and 2021. The income tax rate is 40% for both years