A) B) Jenny Corporation recorded warranty accruals as at December 31, 2019, in the amount of $150,000. This reversing difference will cause deductible amounts of $50,000 in 2020, $35,000 in 2021, and $65,000 in 2022. Jenny's accounting income for 2019 is $135,000 and the tax rate is 25% for all years. There are no future tax accounts at the beginning of 2019. The Corporation uses IFRS. Instructions: (a) Calculate the deferred income tax balance at December 31, 2019. (b) Calculate taxable income and current income taxes payable for 2019. (c) Prepare the journal entries to record income taxes for 2019. (d) Prepare the income tax expense section of the income statement for 2019, beginning with the line "Income before income taxes." Use the information for Jenny Corporation in Part A, and assume that the company reports accounting income of $155,000 in each of 2021 and 2022 and the warranty expenditures occurred as expected. No reversing difference exists other than the one identified in Part A. Instructions: (a) Calculate the deferred income tax balances at December 31, 2021 and 2022. (b) Calculate taxable income and income taxes payable for 2021 and 2022. (c) Prepare the journal entries to record income taxes for 2021 and 2022. (d) Prepare the income tax expense section of the income statements for 2021 and 2022, beginning with the line "Income before income taxes."