Bridgeport Corporation had the following tax information:

Year		Taxable Income			Tax Rate		Taxes Paid
2017		$390,000			31%		$120,900
2018		312,000			30%		93,600
2019		400,200			30%		120,060

In 2020, Bridgeport suffered a net operating loss of $560,000, which it decided to carry back. The 2020 enacted tax rate is 25%. Prepare Bridgeports entry to record the effect of the loss carryback. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Year	Account Titles and Explanation	Debit	Credit
2020	enter an account title	enter a debit amount	enter a credit amount
	enter an account title	enter a debit amount	enter a credit amount