During 2016, its first year of operations, Baginski Steel Corporation reported a net operating loss of $405,000 for financial reporting and tax purposes. The enacted tax rate is 40%. Required: weight of available evidence suggests future taxable income sufficient to benefit from future deductible amounts from the net operating loss carryforward. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in thousands.) View transaction list Journal entry worksheet Record 2016 income tax beneft from operating los Note: Enter debits before credits. Event General Journal Debit Credit eferred tax asset income tax benefit-Operating loss Record entry Clear entry View general journal