For the year 2019, Phoebe's Lobster Matchmaking reports a net operating loss of $20m and has to carryforward the loss (due to enactment of the Tax Cuts and Jobs Act) In 2020, they use the loss. What impact will this have on the tax journal entry in 2020? O An increase in deferred tax liabilities O An increase in deferred tax assets A decrease in taxes payable An increase in tax expense O None of the given answers O Adecrease in tax expense