Alsup Consulting sometimes performs services for which 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 cervices are performed. For tax purposes, revenue is reported when fees are collected. Service revenue. collections, and pretax accounting income for 2020-2023 are as follows: 2020 2021 2022 2023 Service Revenue 3712,000 802,000 762,000 768,000 Collections $672.000 330.000 754.000 772,000 Pretax Accounting Income 3238,000 312,000 200.000 252.000 There are no differences between accounting income and taxable income other than the temporary difforence 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, 2020- 2023) Required: 1.10 3. Prepare the appropriate joumal entries to record Alsup's 2021 Income taxes, 2022 income taxes and 2023 Income taxes. (if no entry is required for a transaction/event, select "No journal entry required" In the first account field. Enter your answers in thousands (eg 150,000 should be entered as 150).) Answer is complete but not entirely correct. No 1 Event 1 General Journal Debit Credit Income tax expense Deferred tax ability Income taxes payable DOS 78.000 7,000 85,000 83 2 2 70.000 Income tax expense Deferred tax lability Income tres payable 2,000 89.000 3 Income tax expense Deferred tax bity Income taxes payable QO OOO 63.000 1.000 3 34.000