Brief Exercise 19-15 Skysong Corporation had the following tax information Year Taxable income Tax Rate Taxes Paid 2018 $342,000 35 % $119,700 2019 370,500 30 111,150 2020 456,000 30 136,800 In 2021, Skysong suffered a net operating loss of $547,200, which it elected to carryback. The 2021 enacted tax rate is 29% Prepare Skysong's 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 o for the amounts.) Account Titles and Explanation Debit Credit Click if you would like to show Work for this question: Open Show Work