Ok the icon to view the data) Prepare the underg o cord the Yew columna ve other color Exclude explains ro good debts fast, the umar Check your For gar d on ren ) c ontre d en Begin by the ju ntry, it needed to record the portion of the watering loss that c an carry back En any number in the edities and then continue to the new question SAMSUNG alt This Question: 12 pts 2 of 13 (complete) This Test: 96 pts possible A Show Work al warranty rep: Hatchet Fence Company incured a net loss for Year 3. The firm does not have any book tax differences. We present the results of operations for the first 3 years of the company's operations Click the icon to view the data) Future tax rates are expected to be 31%. Hatchet always elects the canyback/carrylonward option. There are no uncertainties regarding realization of future tax benefits Prepare the journal entry(s) required to record the Year 3 net operating loss. (Record debits first, then credits For transactions that do not require an entry make sure to select"No entry required in the first cell in the "Account column and leave all other cells blank Exclude explanations from any journal entries. Check your spelling carefully and do not abbreviate.) Begin by preparing the journal entry, if needed to record the portion of the net operating loss that Hatchet can carry back Enter any number in the sand con to the next question 10:00 SAMSUNG back Ok the icon to view the data) Prepare the underg o cord the Yew columna ve other color Exclude explains ro good debts fast, the umar Check your For gar d on ren ) c ontre d en Begin by the ju ntry, it needed to record the portion of the watering loss that c an carry back En any number in the edities and then continue to the new question SAMSUNG alt This Question: 12 pts 2 of 13 (complete) This Test: 96 pts possible A Show Work al warranty rep: Hatchet Fence Company incured a net loss for Year 3. The firm does not have any book tax differences. We present the results of operations for the first 3 years of the company's operations Click the icon to view the data) Future tax rates are expected to be 31%. Hatchet always elects the canyback/carrylonward option. There are no uncertainties regarding realization of future tax benefits Prepare the journal entry(s) required to record the Year 3 net operating loss. (Record debits first, then credits For transactions that do not require an entry make sure to select"No entry required in the first cell in the "Account column and leave all other cells blank Exclude explanations from any journal entries. Check your spelling carefully and do not abbreviate.) Begin by preparing the journal entry, if needed to record the portion of the net operating loss that Hatchet can carry back Enter any number in the sand con to the next question 10:00 SAMSUNG back