On December 31, 2022, Oriole Inc. has taxable temporary differences of $2.12 million and a deferred tax liability of $593,600. These temporary differences are due to Oriole having claimed CCA in excess of book depreciation in prior years. Oriole's year end is December 31. At the end of December 2023, Oriole's substantively enacted tax rate for 2023 and future years was changed to 30%. For the year ended December 31, 2023, Oriole's accounting loss before tax was $490,000. The following data are also available: 1. Pension expense was $90,800 while pension plan contributions were $113,400 for the year. (Only actual pension contributions are deductible for tax.) 2. Business meals and entertainment were $36,400. (They are one-half deductible for tax purposes.) 3. For the three years ended December 31, 2022, Oriole had cumulative, total taxable income of $124,900 and total income current tax expense/income tax payable of $34,972. 4. During 2023, the company booked estimated warranty costs of $28,600, and these costs are not likely to be incurred until 2027. 5. In 2023, the company incurred $166,000 of development costs (only 50% of which are deductible for tax purposes). 6. Company management has determined that it is probable that only one half of any loss carryforward at the end of 2023 will be realized. 7. In 2023, the amount claimed for depreciation was equal to the amount claimed for CCA. Prepare the journal entries to record income taxes for the year ended December