Cullumber Corporation has pretax financial income (or loss) from 2015 through 2021 as follows.

		Income (Loss)			Tax Rate
2015		$62,400			25	%
2016		(91,000	)		20	%
2017		117,000			20	%
2018		39,000			20	%
2019		136,500			20	%
2020		(78,000	)		25	%
2021		166,000			25	%

Pretax financial income (loss) and taxable income (loss) were the same for all years since Cullumber 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 entries for income taxes should be recorded for 2016? (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 0 for the amounts.

Account Titles and Explanation	Debit	Credit