1. Prepare the journal entries to record income taxes for the years 2019 to 2021. Assume that Bramble uses the carryback provision where possible and expects to realize the benefits of any loss carryforward in the year that immediately follows the loss year. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

List of accounts: No entry, Future Tax Asset, Income Tax Payable, Income Tax Receivable-2016, Current Tax Expense, Current Tax Benefit, Allowance to Reduce Future Tax Asset to Expected Realizable Value, Income Tax Receivable-2017, Income Tax Receivable-2018, Future Tax Expense, Future Tax Benefit

2. Show how the bottom portion of the income statement would be reported in 2019, beginning with Loss before income tax. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

List of accounts: Future Tax Asset, Income / (Loss) Before Income Tax, Net Income / (Loss), Current Income Tax Benefit due to Loss Carryback, Income Tax Expense-Current, Future Tax Liability, Income Tax Expense-Future, Future Income Tax Benefit due to Loss Carryforward

3. Show how the bottom portion of the income statement would be reported in 2020, starting with Income before income tax. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

List of accounts: Future Tax Asset, Income / (Loss) Before Income Tax, Net Income / (Loss), Current Income Tax Benefit due to Loss Carryback, Income Tax Expense-Current, Future Tax Liability, Income Tax Expense-Future, Future Income Tax Benefit due to Loss Carryforward

Bramble Inc. reported the following accounting Income (loss) and related tax rates during the years 2015 to 2021: Tax Accounting Income (Loss) $72,000 25,000 Year 2015 2016 2017 2018 2019 58,000 Rate 2596 2595 2595 3096 3596 3096 25% 79,000 212,000) 73,000 2020 2021 85.000 Accounting Income (loss) and taxable income (loss) were the same for all years since Bramble began business. The tax rates from 2018 to 2021 were enacted in 2018. Assume Bramble Inc. follows ASPE for all parts of this question, except when asked about the effect of reporting under IFRS in part (b). Debit Year Account Titles and Explanation 2019 (To record benefit from loss carryback) 2019 (To record future benefit from loss carryforward) 2020 (To record current tax expense) 2020 (To record future tax expense) 2021 (To record Income taxes) Credit Bramble Inc. (Partial) Income Statement 2019