(18 pts) Part 4:Provision for Taxes - Quarterly Entries Bass Corporation's actual earnings for the first two quarters of 2016 and its estimate during each quarter of its annual earnings are: Actual first-quarter earnings $ 200,000 Actual second-quarter earnings $ 255,000 First-quarter estimate of annual earnings $ 675,000 Second-quarter estimate of annual earnings $ 710,000 Bass estimated its differences between book accounting) and taxable income for 2016 as: Environmental violation penalties $ 12,500 Dividend income exclusion $ 90,000 Note: These estimates did not change during the second quarter. The combined tax rate for Bass for 2016 is 42%. Prepare the journal entries to record Bass' tax provision for each of the first two quarters of 2016. Show all work