Ayayai Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. (Assume the carryback provision is used for a net operating loss.)

Year	Pretax Income (Loss)	Tax Rate
2015	123,000	34%
2016	86,000	34%
2017	(278,000)	38%
2018	237,000	38%

Prepare the journal entries for the years 20152018 to record income tax expense (benefit) and income taxes payable (refundable) and the tax effects of the loss carryback and carryforward, assuming that at the end of 2017 the benefits of the loss carryforward are judged more likely than not to be realized in the future.