Assume that on 1/1/2000 ABC Corporation acquired equipment which cost $750,000, with an estimated life of four (4) years and zero salvage. The following is taken from VSB's records - 20X1 20X220X3 20X4 T/R - accelerated300,000220,500 150,00079,500 Depr Exp - F/5 - straight line 187,500 187,500| 187,500 187,500 300,000 310,000 460,000 660,000 35% De Book Income Before Tax statutory tax rate 35% 35% 35% 1) In the space below you are to record the income tax journal entry for each year. Show all of your calculations on a supporting EXCEL worksheet 2) Identify all balance sheet accounts as current or non-current 2000 debit credit 2001 2002 2003