6 3.35 points The information that follows pertains to Richards Refrigeration, Inc.: a. At December 31, 2021, temporary differences existed between the financial statement book values and the tax bases of the following: Book Print Buildings and equipment (set of accumulated depreciation) Prepaid insurance Liability-loss contingency (5 in millions)) Future Taxable Book Tax Value Basis (Deductible) Amount $120 50 $90 $ 30 25 50 (25) b. No temporary differences existed at the beginning of 2021. References c. Pretax accounting income was $200 million and taxable income was $145 million for the year ended December 31, 2021. The tax rate is 25% Required: 1. Complete the following table given below and prepare the appropriate journal entry to record income taxes for 2021 2. What is the 2021 net income? Complete this question by entering your answers in the tabs below.