Felicia Rashad Corporation has pretax financial income (or loss) equal to taxable income (or loss) from 2006 through 2014 as follows.

Income (Loss)	Tax Rate
2006	$46,980	30	%
2007	64,800	30	%
2008	27,540	35	%
2009	77,760	50	%
2010	(243,000	)	40	%
2011	145,800	40	%
2012	48,600	40	%
2013	170,100	40	%
2014	(97,200	)	45	%

Pretax financial income (loss) and taxable income (loss) were the same for all years since Rashad has been in business. Assume the carryback provision is employed for net operating losses. In recording the benefits of a loss carryforward, assume that it is more likely than not that the related benefits will be realized.

a) What entry(ies) for income taxes should be recorded for 2010?

(b) Indicate what the income tax expense portion of the income statement for 2010 should look like. Assume all income (loss) relates to continuing operations.

(c) What entry for income taxes should be recorded in 2011?

(d) How should the income tax expense section of the income statement for 2011 appear?

(e) What entry for income taxes should be recorded in 2014?

(f) How should the income tax expense section of the income statement for 2014 appear?