In 2020, Pina Inc. reported pretax accounting income of $129,100. In 2021, the company had a pretax accounting income of $61,500. In 2022, the company had pretax losses of $212,600. The following year, the companys pretax accounting income was $172,000. Income for tax purposes was the same as for accounting for all years. Pinas tax rate was 25% for 2020 and 2021, 28% for 2022 and 26% for 2023 and subsequent years. The tax rates were all enacted by the beginning of 2020. Prepare the journal entries for the years 2020 to 2023 to record income taxes. Assume that Pinas policy is to carry back any tax losses first, and that at the end of 2022, the loss carryforward benefits are judged more likely than not to be realized in the future. Pina follows IFRS. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem.)

Date	Account Titles and Explanation	Debit	Credit
2020202120222023
2020202120222023
2020202120222023
	(To record benefit from loss carryback.)
	(To record deferred tax benefit from loss carryforward.)
2020202120222023
	(To record deferred tax expense.)
	(To record current tax expense.)