Sales and costs for x company in 2018 were as follows: total per unit sales $152,220 $17.20 variable manufacturing costs 54,516 6.16 variable selling costs 23,984 2.71 fixed manufacturing costs 8,230 0.93 fixed selling costs 2,390 0.27 x company expects sales to increase from 8,850 units in 2018 to 9,750 units in 2019. it also expects direct labor costs per unit to decrease by $1.00 and fixed overhead costs to increase by $3,300. what is expected profit in 2019?

Martinez 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 (2017' 2018, 2019) excess depreciation expense on tax return (29,400 ) (39,000 ) (9,600 ) (2017' 2018, 2019) excess warranty expense in financial income 20,000 9,900 8,300 (2017' 2018, 2019) taxable income $863,600 $836,900 $945,700(2017' 2018, 2019) the income tax rate for all years is 40%. instructions: a. prepare the journal entry to record income tax expense, deferred income taxes, and income taxes payable for 2017, 2018, and 2019. b. assuming there were no temporary differences prior to 2016, indicate how deferred taxes will be reported on the 2016 balance sheet. button's warranty is for 12 months. c. prepare the income tax expense section of the income statement for 2017, beginning with the line, "pretax financial income."