1. The pretax financial reporting income of the Truman Company differs from its taxable income throughout each of 4 years as follows:

year	Pretax Financial Reporting Income	Taxable income	Tax Rate
2017	290,000	180,000	.40
2018	320,000	225,000	.40
2019	350,000	260,000	.40
2020	420,000	560,000	.40

The difference between pretax financial income and taxable income in each period is due to one depreciation temporary difference.

No deferred income taxes existed at the beginning of 2017.

REQUIRED:

Prepare journal entries to record income taxes in each of the 4 years.