I have the answer to the first part just need the bold part with the journal entries. Relix, Inc., is a domestic corporation with the following balance sheet for book and tax purposes at the end of the year. Based on this information, determine Relixs Federal net deferred tax asset or net deferred tax liability at year-end. Assume a 21% Federal corporate tax rate, no state or foreign taxes, and no need for a valuation allowance.

Details Table 1 shows the assets calculations. The row-wise entries are as follows: Row 1: Cash; $500; $500. Row 2: Accounts receivable; 8,000; 8,000. Row 3: Buildings; 750,000; 750,000. Row 4: Accumulated depreciation; 450,000; 380,000. Row 5: Furniture and fixtures; 70,000; 70,000. Row 6: Accumulated depreciation; 46,000; 38,000. Row 7: Total assets; $332,500; $410,500. Table 2 shows the liabilities and stockholders equity calculations. The row wise entries are as follows: Row 1: Accrued warranty expense; $ 0; $ 50,000. Row 2: Note payable; 78,000; 78,000. Row 3: Total liabilities; $ 78,000; $ 128,000. Row 4: Paidin capital; $ 10,000; $ 10,000. Row 5: Retained earnings; 244,500; 272,500. Row 6: Total liabilities and stockholders equity; $332,500; $410,500.

THE ANSWER TO ABOVE

Description	Amount
Book basis of accumulated depreciation (450,000 + 46,000)	-$496,000
Tax basis of accumulated depreciation (380,000 + 38,000)	-$418,000
Temporary difference (496,000-418,000)	-$78,000
Tax rate @21%	-$16,380
Gross deferred tax liability	-$16,380
Book basis of accrued litigation	$0
Tax basis of accrued litigation	-$50,000
Temporary difference	$50,000
tax rate @21%	$10,500
Gross deferred tax asset	$10,500
Net deferred tax liability	-$5,880

Just need an answer to this part

LO.1, 4 Based on the facts and results of Problem 31 and the partial beginning-of-the-year tax and book balance sheet information below, determine Relixs deferred tax benefit or expense for the year. Provide the journal entry necessary to record this amount.

Details A table has 3 rows and 3 columns. The columns headers are: Blank; Tax debit; Book Debit. The row-wise entries are as follows. Assets: Row 1: Assets: Accumulated depreciation, Buildings; $417,000; $360,000. Row 2: Assets: Accumulated depreciation, Furniture and fixtures; 35,200; 31,000. Liabilities: Row 3: Accrued litigation expense; $ 0; $ 34,000.