17.3. In 2kA, Marchant's first year of operations, a $100 asset is being depreciated 504010 for tax purposes, but S-L over 4 years for financial accounting purposes. Pretax income is 50 in 2kA, but (40) (a loss) in 2kB. Tax rates are 40% in 2kA and 2kB but a tax law passed in 2kA reduces the rates for 2kC and thereafter to 30%. Required: a. Give all income tax-related entries Marchant will make in 2kA and 2kB. [2kA: 16. B: 6-10-9.] b. Justify your (lack of) use of a valuation account for any DTAs which may arise. c. Provide Net Income (Loss) reported on Marchant's 2kB income statement. [(27).] d. Suppose 2kC pretax income is 10 . Provide Marchant's 2kC tax-related entries. [Expense:3]