Lu Ltd. has experienced the following accounting and taxable income: *Before applying any available tax loss carryforwards The differences between accounting and taxable income are caused by differences between accounting and tax expenses that will not reverse (permanent differences). All tax rates are enacted in the year to which they relate. Required: 1. Record income tax for 204 through 207 assuming that the future use of tax loss carryforwards is not considered to be probable. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)