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Carol Garcia Corporation has pretax financial income (or loss) from 2020 through 2026 as follows, Pretax financial income (loss) and taxable income (loss) were the

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Carol Garcia Corporation has pretax financial income (or loss) from 2020 through 2026 as follows, Pretax financial income (loss) and taxable income (loss) were the same for all years since Garcia has been in business. In recording the benefits of a loss carryforward, assume that it is more likely than not that the related benefits will be realized. What entry for income taxes should be recorded in 2022? (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manuolly. If no entry is required, select "No Entry" for the occount titles and enter 0 for the amounts.)

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