(a) Compute taxable income for 2017 (b) Compute pretax financial income for 2017 payable for 2017 and (c) Prepare the journal entries to record income tax expense, deferred income taxes, and income taxes 2018. Assume taxable income was $980,000 in 2018 fore income taxes od) Prepare the income tax expense section of the income statement for 2017,beginning with P19-2 01.2) (One Temporary Difference, Tracked for 4 Years, One Permanent Difference Change in Rate The pretax financiar income of Truttman Company differs from its taxable income throughout each of 4 years as follows Pretax Taxable Year Financial Income Income Tax Rate 2017 $290,000 $180,000 2018 320,000 225,000 350,000 2019 260,000 420,000 560,000