Concord Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes.

Year		Pretax Income (Loss)			Tax Rate
2018		$129,000			17	%
2019		118,000			17	%
2020		(210,000	)		19	%
2021		315,000			19	%

The tax rates listed were all enacted by the beginning of 2018.

Prepare the journal entries for 2020 and 2021, assuming that based on the weight of available evidence, it is more likely than not that one-fourth of the benefits of the loss carryforward will not be realized. I have the income tax expense entries. I need the ones to record the refund and allowance.