EZ, Inc., reports pretax accounting income of $436,000, but due to a single temporary difference, taxable income is $540,000. At the beginning of the year, no temporary differences existed. EZ is subject to a tax rate of 25%.
 
Required:
Prepare the appropriate journal entry to record EZ's income taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)