Please answer this question I have searched all over chegg and all the answers are incorrect. I have found problems with Bronson Industries and it still not correct. Please answer this accurately and correctly. Thanks.

Shwonson Industries reported a deferred tax asset of \\( \\$ 8.25 \\) million for the year ended December 31,2023 , related to a temporary difference of \\( \\$ 33 \\) million. The tax rate was \25. The temporary difference is expected to reverse in 2025 , at which time the deferred tax asset will reduce taxable income. There are no other temporary differences in 2023-2025. Assume a new tax law is enacted in 2024 that causes the tax rate to change from \25 to \15 beginning in 2025 . (The rate remains \25 for 2024 taxes.) Taxable income in 2024 is \\( \\$ 43 \\) million. Required: 1. Prepare the appropriate journal entry to record Shwonson's income tax expense in 2024. 2. What effect, will enacting the change in the 2025 tax rate, have on Shwonson's 2024 net income? Answer is not complete. Complete this question by entering your answers in the tabs below. Prepare the appropriate journal entry to record Shwonson's income tax expense in 2024. Note: If no entry is required for a transaction/event, select \"No journal entry required\" in the first account field. Enter your answers in millions rounded to 2 decimal places (i.e., 5,500,000 should be entered as 5.50)