Isolation Ltd., a Canadian public company, has only 1 asset that it purchased on July 1, 2017 at cost of $200,000. It is depreciating this asset on 5 year straight-line basis with no residual value. For tax purposes, the asset has a CCA rate of 30% (ignore 1/2 year rule). The difference between Depreciation Expense and CCA on this asset is only timing difference that Isolation has.
Accounting Income (loss) for the last 3 years was as below:
			2017	2018	2019
Accounting Income (loss)			80,000	120,000	(140,000)
The tax rate in all years was 20%
Instructions:
a) Prepare all required income tax entries for 2017 through 2019