i already answered the question a, now i need the answer of question b, thank you.

Example 2) Lindem loc. reports the following pretax income (low) for both financial reporting purposes and tax purponca (Amume the carryback provision is uned for a niet operating low.) Year Pretax Income (Loss) Tax Rate 2014 220,000 34% 2015 180.000 34% 2016 (520,000) 38% 2017 440.000 38% The tax rates listed were all enacted by the beginning of 2014. 220000+180000-400,000 loss carryback 520000-400000-120,000 loss carryforward 400,000.34-136000 Instructions (a) Prepare the journal entries for the years 2014-2017 to record income tax expense (benefit) and income tax payable (refundable) and the tax effects of the loss carryback and carryforward, assuming that at the end of 2016 it is probable that the benefits of the loss carryforward will be realized in the future. b) Using the assumption in (a), prepare the income tax section of the 2016 income statement, beginning with the line "Operating loss before income taxes." Year Account title Debit Credit + Add a caption... > 2 Intermediate (