answer 1. and 2. please

depreciation in year of purchase [LO16-2] On January 1, 2018. Ameen Company purchased major pleces of manufacturing equipment for a total of $144 million. Ameen uses straight-ine depreciation for financial statement reporting and deducted 100\% of the equipment's cost for income tax reporting in 2018. At December 31, 2020, the book value of the equipment was $120 million. At December 31,2021 , the book value of the equipment was $112 million. There were no other temporary differences and no permanent differences. Pretax accounting income fo 2021 was $192 milition. Required: 1. Prepare the appropriate journal entry to record Ameen's 2021 income taxes. Assume an income tax rate of 25%. 2. What is Ameen's 2021 net income? Complete this question by entering your answers in the tabs below. Prepare the appropriate joumal entry to record Ameen's 2021 income taxes. Assume an income tax rate of 25%. (If no entry is required for a transactionfevent, select "No joumal entry required" in the first account field. Enteryour answers in millions rounded to 1 decimal phace (1.e. 10,100,000 should be entered as 10.1). )