Roberts Corporation reports pretax accounting income of $200…

Roberts Corporation reports pretax accounting income of $200,000, but due to a single temporary difference, taxable income is only $150,000. At the beginning of the year, no temporary differences existed. Roberts is subject to a tax rate of 25%. Required: Prepare the journal entry to record Roberts Corporation’s income taxes. Note: If no entry is required for a transaction or event, select “No journal entry required” in the first account field.