Lancer Corporation had the following tax information. YEAR TAXABLE INCOME TAX RATE 2000 300,000 30% 2001 100,000 35% 2002 300,000 35% 2003 (600,000) 40% 2004 150,000 40% Required: Prepare all journal entries for the years 2003 to 2004 to record income tax and die effects of the net operating loss carrybacks and carryforwards