2. In 2016, its first year of operations, Landon Corp. has a $600,000 net operating profit. In 2017, Landon has $ (800,000) net operating loss, and $ 1,000,000 net operating income in 2018. The tax rate is 30%. Instructions Prepare the entries to record tax expense (gain), deferred tax asset, and deferred tax liability at the end of 2016, 2017 and 2018 assuming that loss is carried backward in 2017