Help Save & Exit Submit The information that follows pertains to Julia Company Temporary differences for the year 2021 are summarized below. Expenses deducted in the tax return, but not included in the income statement: Depreciation Prepaid expense $55.000 $ 7,500 Expenses reported in the income statement, but not deducted in the tax retum creens -0...42. Warranty expense $8,580 ereen she 2.0...42,5 (6.) No temporary differences existed at the beginning of 2021. (c.) Pretax accounting income was $61,500 and taxable income was $7,500 for 2021. (d.) There were no permanent differences. (e.) The tax rate is 35% creenshot Required: Prepare the journal entry to record the tax provision for 2021. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet