please help me to review this one with the sheet anwser below (correct me if i did it wrong, or confirm it for me if i did it fully correctly) and the Journal Entry (the most important is Journal entry) thank you very much for your help.

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please read the question carefully and fill in the sheets (that's the requirement) which i did already. this is an upper division accounting class. and i hope you would tell me if i did it correctly or not. if not please correct me. thanks

The following information is available for Angelica Corporation for 2023: 1. Depreciation reported on the tax return exceeded depreciation reported on the income statement by $207,000. The differences will reverse as follows: 2. Annual interest received on municipal bonds was $18.000 in 2023 and $20.000 in 2024. 3. Rent collected in advance on November 1,2023 , totaled $117,000 for a 3-year period. Rent was recognized monthly, starting on November 1,2023 for book purposes. 4. During 2023 and 2024 , Angelica paid $25,000 (each year) for a life insurance policy on its executives, with Angelica as the beneficiary. In 2024, Angelica received $280,000 due to the untimely passing of its CFO. 5. The tax rates are 20% for 2023 and 2024 , and 30% for 2025 and beyond. 6. A contingent loss due to litigation was accrued in 2023 for $295,000. The company expects to pay the loss in 2025. 7. Pretax financial income for the year ended December 31,2023 was $6,125,000, and $6,595,000 for the vear ended December 31, 2024. 8. The company has a $5,800 credit balance in the Valuation Allowance and a beginning balance of $17,000 in the DTA account due to a temporary difference of $85,000 caused by a deferred revenues for GAAP purposes. The difference was realized for tax purposes in 2023. 9. Of the ending balance of the DTA account, the company believes that it is "more likely than not" that 9% will not be realized. Instructions Assuming no other differences between book and taxable incomes existed, except for those mentioned above, prepare the year end income tax journal entries to record Income Tax Expense, Deferred Tax Asset/Liability, Income Taxes Payable and Valuation Allowance for 2023 (separate the valuation allowance journal entry from the income tax expense journal entry). STEP 3: CALCULATE CURRENT IN COMA TAX EXPEASE/INCOME TAXFG PAYASS F STEP 4: CALCULATE THE DTL EIHDHW EAERTCt Depreciation :izat 23 thange? YEAR 2022. 1 YEAR 23. Year 20% Tax Rate Year 2023 DTL Balance due :o Deprecicition (rear 2024 Change) Year 30% Tax Rate Depreciation 2025. Cia: 20= Year 30% Tax Rate Total DTL Ending Balance STEP 4: CALCULATE THE DTA ENDING BALANCE \begin{tabular}{|c|c|c|c|} \hline Re 31 & Dr & Income tax expense & AMOUNT \\ \hline & Dr & DTA & 1,204,450 \\ \hline & Cr & Income tax payable & 1,249,100 \\ \hline & Cr & DTL & 48,300 \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline & & & \\ \hline \end{tabular}