Carter Company is showing the following net operating income (loss) for a five-year period 2018: 2019 2020: 2021 2022 $150,000 40,000 70,000 (200,000) 60,000 The tax rate for all years was 20% Carter qualifies as a company that is able to carryback operating losses. Required Prepare the journal entry to record income tax expense and related liabilities for 2021 and 2022 Journal Entry - 2021 Accounts Debit Date 12-31-21 Credit Journal Entry-2022 - Accounts Debit Credit Date 12-31-22