please help not sure where I am going wrong?

The jets Company recorded a deferred tax liability of $18,750 on December 31 of Year 1 , due to the book value of equipment exceeding the tax basis of equipment by $75,000. The difference will reverse equally over the next three years. In late Year 1 , the enacted tax rate increased to 42.5% beginning in Year 3 . a. Determine the income tax rate that is the enacted rate for Year 1. Income tax rate for Year 1 : b. What journal entry should the jets record to adjust the deferred tax liability, if any, on December 31 of Year 1? - Note: If a line in a journal entry isn't required for the transaction, select "N/A" as the account names and leave the Dr. and Cr. answers blank (zero)