Hello, I need help with part one of this assessment. I highlighted the sections i need help with. Thank you in adavance for any help!

capella Unive Home-Cape -Assessment 5x w Assessment 5 xi eChegg StudyDR \ D chapter19pdf x-G income \ G deferred taxi. Secure https://courserooma capella.edu/webapps/blackboard/content listContent jsp?course id--42585-1&content id--4442771-1&mode=reset pre tax Tutorials SupportLog Out Michael Dyal CAPELLA UNIVERSITY COURSES RESOURCES Quick Links Assessment 5 Part 1: Temporary Differences BUS-FP4062-Mnter 2017-Section 01 Use the information for Part 1 in the Assessment 5 Data Sheet to complete the following Home Syllabus My Course Progress Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable or 2015, 2016, and 2017 uming there were no temporary differences prior to 2015, indicate how deferred taxes will be reported on the 2017 balance sheet. Sharp's product warranty is for 12 months Assessment 2 Explain your reasoning. Use the blank area in the template following the journal entries to make your notes Assessment 4 Prepare the income tax expense section of the income statement for 2017, beginning with the line "Pretax financial income Academic Honesty Expectations Where appropriate, show all calculations leading to the final solution Part 2: Carryback and Carryforward NOTIFICATIONS Use the information in Part 2 of the Assessment 5 Data Sheet to complete the following Prepare the journal entries for the years 2015 to 2019 to record income tax expense and the effects of the net operating loss carrybacks and carryforwards assuming Bryan Clark Company uses the carryback provision COURSE TOOLS Research Resources Supplemental Resources All income and losses relate to normal operations. (In recording the benefits of a loss carryforward 1:09 PM Ask me anything 2/17/2017 2