a.	Compute the deferred tax expense and the balance of the deferred tax account for each year.
b.	Prepare all journal entries required to record Ashford's income tax provision for all 3 years.

Ashford Starshine Group provided the following income information from its first 3 years of operation. (Click the icon to view the income information for the first 3 years of operation.) Ashford offers a 1-year warranty on its commercial floor polishing system. The company estimates its warranty cost at 10% of sales. Read the Requirement a. Compute the deferred tax expense and the balance of the deferred tax account for each year. (Enter a "0" for any zero balances. Use a minus sign or parentheses for amounts that represent a future taxable amount, a deferred tax liability, and a decrease in deferred tax asset.) Ashford Starshine Group provided the following income information from its first 3 years of operation. (Click the icon to view the income information for the first 3 years of operation.) Ashford offers a 1-year warranty on its commercial floor polishing system. The company estimates its warranty cost at 10% of sales. Read the Requirement a. Compute the deferred tax expense and the balance of the deferred tax account for each year. (Enter a "0" for any zero balances. Use a minus sign or parentheses for amounts that represent a future taxable amount, a deferred tax liability, and a decrease in deferred tax asset.)