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

$($a$)$

Prepare the journal entries for the years $2023-2026$ to record income tax expense $($benefit$)$ and income taxes payable $($refundable$)$ and the tax effects of the loss carryforward, assuming that at the end of $2025$ the benefits of the loss carryforward are judged more likely than not to be realized in the future. $($List all debit entries before credit entries. 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. Record joumal entries in the order presented in the problem.$)$

Date Account Titles and Explanation