Cullumber Company purchased equipment for $480,000 on January 2, 2020, its first day of operations. For book purposes, the equipment will be depreciated using the straight-line method over three years with no salvage value. Pretax financial income and taxable income are as follows: Pretax financial income Taxable income 2020 $238,600 197,000 2021 $263,000 263,000 2022 $303,000 344,600 The temporary difference between pretax financial income and taxable income is due to the use of accelerated depreciation for tax purposes. (a) Prepare the journal entries to record income taxes for all three years (expense, deferrals, and liabilities) assuming that the enacted tax rate applicable to all three years is 30%. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter Ofor the amounts.)