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I am having trouble finding the amount highlighted. I have tried multiple ways to get it, but I just can't get it right. The pretax

I am having trouble finding the amount highlighted. I have tried multiple ways to get it, but I just can't get it right. image text in transcribed

The pretax financial income (or loss) figures for Riverbed Company are as follows. 2015 2016 2017 $161,000 248,000 76,000 2018 2019 (161,000) (390,000) 119,000 2020 2021 95,000 Pretax financial income (or loss) and taxable income (loss) were the same for all years involved. Assume a 25% tax rate for 2015 and 2016 and a 20% tax rate for the remaining years. Prepare the journal entries for the years 2017 to 2021 to record income tax expense and the effects of the net operating loss carryforwards. All income and losses relate to normal operations. (In recording the benefits of a loss carryforward, assume that no valuation account is deemed necessary.) (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts.) Account Titles and Explanation Debit Credit 2017 Income Tax Expense 15200 Income Tax Payable 15200 2018 Deferred Tax Asset 32200 Income Tax Expense 32200 2019 Deferred Tax Asset 15200 Income Tax Expense 15200 2020 Income Tax Expense 23800 Deferred Tax Asset 23800 2021 Income Tax Expense 19000 Deferred Tax Asset 19000

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