Using the information from BE10-2, assume this is the only difference between Oxford's pretax financial income and taxable income. Prepare the jounal entry to record the income tax expense, deferred income taxes, and income taxes payable, and show hoe derred tax liability will be classified on the December 32,2012, balance sheet. BE19-2 Oxford Corporation began operations in 2012 and reported pretax financial income of $225,000 for the year. Oxford's tax depreciation exceeded its book depreciation by 40,000. Oxford's tax rate for 2012 and years thereafter is %30. In its December 31,2012