Onyx Company's Income Statement Shows Net Income Before Income Tax

Onyx Company's income statement shows net income before income tax of $38,000. The company's tax return shows taxable income of $34,000. Company's tax rate is 40%. Which of the following entries would be used to record tax expense and tax payable?

A) Debit Income tax expense $15,200 and credit Cash $15,200.
B) Debit Deferred tax liability $13,600 and credit Income tax payable $13,600.
C) Debit Income tax expense $15,200, credit Deferred tax liability $1,600 and credit Income tax payable $13,600.
D) Debit Deferred tax liability $1,600, debit Income tax expense $13,600 and credit Income tax payable $15,200.