E$18\mathrm{.}15$B $($LO $1,2)($Two Temporary Differences, Tracked through $3$ Years, Multiple Rates$)$ Taxable income and pretax financial income would be identical for Ursula Co$.$ except for its depreciation on equipment purchased in $2024$ for $\backslash (\backslash$$ $500,000\backslash )$ and estimated costs of warranties. The following income computations have been prepared:Excess of revenues over expenses $($excluding two temporary differences$)$Excess of revenues over expenses $($excluding two temporary differences$)$ The tax rates in effect are: $2024$ and $2025,30\backslash \%$; $2026$ and thereafter, $\backslash (40\backslash \%\backslash ).$ All tax rates were enacted into law on January $1,2024.$ No deferred income taxes existed at the beginning of $2024.$ Taxable income is expected in all future years. Instructions Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable for $2024,2025,$ and $2026.$