Carla Vista Inc. reported the following accounting income $($loss$)$ and related tax rates during

the years $2018$ to $2024$:

Accounting income $($loss$)$ and taxable income $($loss$)$ were the same for all years since Carla

Vista began business. The tax rates from $2021$ to $2024$ were enacted in $2021.$ Assume Carla

Vista follows ASPE for all parts of this question, except when asked about the effect of

reporting under IFRS in part $($b$).$

$($a$)$

Prepare the journal entries to record income taxes for the years $2022$ to $2024.$ Assume

that Carla Vista uses the carryback provision where possible and expects to realize the

benefits of any loss carryforward in the year that immediately follows the loss year. $($List all

debit entries before credit entries. Credit account tities 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. Record journal entries in the order presented in the