Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for $20232026$ are as follows:

Service Revenue Collections Pretax Accounting Income

$2023$ $ $696,000$ $ $656,000$ $ $222,000$

$2024786,000814,000296,000$

$2025746,000738,000264,000$

$2026752,000756,000236,000$

There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is $25\%.$

$($Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December $31,20232026.)$

Required:

$1.$ to $3.$ Prepare the appropriate journal entries to record Alsup's $2024$ income taxes, $2025$ income taxes, and $2026$ income taxes.