NEED ANSWER FOR C

Sheridan Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. The tax rates listed were all enacted by the beginning of 2023. Your answer is correct. Prepare the journal entries for the years 2023-2026 to record income tax expense (benefit) and income taxes payable (refundable) and the tax effects of the loss carryforward, assuming that at the end of 2025 the benefits of the loss carryforward are judged more likely than not to be realized in the future. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Record journal entries in the order presented in the problem.) Your answer is correct. Assuming that at the end of 2025 the benefits of the loss carryforward are judged more likely than not to be realized in the future, prepare the income tax section of the 2025 income statement beginning with the line "Operating loss before income taxes." (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Prepare the journal entries for 2025 and 2026, assuming that based on the weight of available evidence, it is more likely than not that one-fourth of the benefits of the loss carryforward will not be realized. (List all debit entries before credit entries. Credit account titles are automatically indented when 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.)