Recording Temporary Difference, Multiple Tax Rates In 2020, Adele Company accrued a legal liability of $500,000 for payments expected to be paid (and will be deducted when paid) as follows: 2021: $250,000; 2022: $150,000; and 2023: $100,000. The company's pretax GAAP income is $5 million. Enacted tax rates are as follows: 2020: 25%; 2021: 25%; 2022: 30%; 2023 and beyond 30%. The company had no other differences between GAAP and tax, and its deferred tax accounts had zero balances at the beginning of 2020. Prepare the journal entry to record income taxes in 2020. Note: List multiple debits (when applicable) in alphabetical order and list multiple credits (when applicable) in alphabetical order. Note: If the journal entry includes an extra line that is not required, select "N/A" as the account name and leave the Dr. and Cr. answers blank (zero) in the very last row of the journal entry. Date Account Name Dr. Cr. Dec. 31, 2020