lounder Company has the following two temporary differences between its income tax expense and income taxes payable. he income tax rate for all years is $20\%.$ a$)$ Assuming there were no temporary differences prior to $2020,$ prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for $2020,2021,$ and $2022.($Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts.$)$

b$)$ Indicate how deferred taxes will be reported on $2022$ balance sheet. Flounder's product warranty is for $12$ months