Amazonian Corporation has the following tax information:

Year	Taxable Income	Tax Rate
2017	$1,000,000	35%
2018	$900,000	30%
2019	$800,000	28%

A. In 2020, Amazonian incurred a net operating loss (NOL) of $350,000, which the company elected to carry back. The statutory corporate tax rate in 2020 and for all future years is 22%. Prepare Amazonian's journal entry to record the effect of the loss carry back. B. Assume instead that in 2020 Amazonian incurred an NOL of $2,000,000 and that the company elected to carry back the loss. The statutory corporate tax rate in 2020 and for all future years is 22%. Prepare the journal entry to record the effects of the NOL.