Included in the income of 2024 was an installment sale of property in the amount of $50,000. However, for tax purposes, DeVille reported the income in the year cash was collected. Cash collected on the installment sale was $20,000 in 2025,$25,000 in 2026 , and $5,000 in 2027 . Included in the 2026 income was $15,000 interest from investments in municipal governmental bonds. The enacted tax rate for 2024 and 2025 was 40%, but during 2025 , new tax legislation was passed reducing the tax rate to 25% for the years 2026 and beyond. Required: Prepare the year-end journal entries to record income taxes for the years 2024-2027