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Culver Corporation has one temporary difference at the end of 2020 that will reverse and case taxable amountr of 559,900 in 2021. $64,800 in 2022

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Culver Corporation has one temporary difference at the end of 2020 that will reverse and case taxable amountr of 559,900 in 2021. $64,800 in 2022 , and $70,000 in 2023 . Cuher's pretax financial income for 2020 is $280,000, and the cux rate is 30K for all years. There are no deferred taxs at the begining of 2020 Corroute taxable incorne and insorre taves poyble tor 2020. Taxable incone Income tams parable 3 Prepare the journal entry to record income tax expense, deferred incorne taxes, and lincome taxes payable for 2020 , /Credit occount 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 o for the amounts.) Prepare the income tax expence section of the income statement for 2020 , beginning with the line "Income before income taxes: (Enter negative amounts using either a negotive sign preceding the number e.s. -45 or porentheses es. (45).) Culver Corporation has one temporary difference at the end of 2020 that will reverse and case taxable amountr of 559,900 in 2021. $64,800 in 2022 , and $70,000 in 2023 . Cuher's pretax financial income for 2020 is $280,000, and the cux rate is 30K for all years. There are no deferred taxs at the begining of 2020 Corroute taxable incorne and insorre taves poyble tor 2020. Taxable incone Income tams parable 3 Prepare the journal entry to record income tax expense, deferred incorne taxes, and lincome taxes payable for 2020 , /Credit occount 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 o for the amounts.) Prepare the income tax expence section of the income statement for 2020 , beginning with the line "Income before income taxes: (Enter negative amounts using either a negotive sign preceding the number e.s. -45 or porentheses es. (45).)

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