Teal Company has the following two temporary differences between its income tax expense and income taxes payable.

		2017			2018			2019
Pretax financial income		$873,000			$866,000			$947,000
Excess depreciation expense on tax return		(29,400	)		(39,000	)		(9,600	)
Excess warranty expense in financial income		20,000			9,900			8,300
Taxable income		$863,600			$836,900			$945,700

The income tax rate for all years is 40%.

Prepare the income tax expense section of the income statement for 2019, beginning with the line Pretax financial income. (Enter loss using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Teal Company Income Statement (Partial) December 31, 2019For the Year Ended December 31, 2019For the Quarter Ended December 31, 2019
CurrentDeferredDividendsExpensesIncome Tax ExpenseNet Income / (Loss)Pretax Financial IncomeRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues		$
CurrentDeferredDividendsExpensesIncome Tax ExpenseNet Income / (Loss)Pretax Financial IncomeRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues
Current Deferred Dividends Expenses Income Tax Expense Net Income / (Loss) Pretax Financial Income Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues	$
Current Deferred Dividends Expenses Income Tax Expense Net Income / (Loss) Pretax Financial Income Retained Earnings, January 1 Retained Earnings, December 31 Revenues Total Expenses Total Revenues
CurrentDeferredDividendsExpensesIncome Tax ExpenseNet Income / (Loss)Pretax Financial IncomeRetained Earnings, January 1Retained Earnings, December 31RevenuesTotal ExpensesTotal Revenues		$