Novak Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. Year Tax Rate 2018 17 % Pretax Income (Loss) $117,000 113,000 (250,000). 316,000 2019 17 % 2020 19 % 2021 19 % The tax rates listed were all enacted by the beginning of 2018. Prepare the journal entries for the years 2018-2021 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 2020 the benefits of the loss carryforward are judged more likely than not to be realized in the future. (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.) Date Account Titles and Explanation Debit Credit 2018 Income Tax Expense 19890 Income Tax Payable 19890 2019 Income Tax Expense 19210 Income Tax Payable 19210 2020 Income Tax Refund Receivable 39100 Deferred Tax Asset 3800 2021 Income Tax Expense 60040 Deferred Tax Asset 3800 Income Tax Payable 56240