On 1 January 207, Change Incorporated commenced business operations. At 31 December 209, the following information relates to Chang: Required: 1. Prepare journal entries to record tax for 207,208, and 209. Assume that the loss carryforward usage in 208 is considered to be probable. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 Record entry for current and deferred income tax expense payable. 2 Record entry for current and deferred income tax benefit receivable. 3 Record entry for current and deferred income tax expense payable. 4 Record entry for current and deferred income tax benefit Credit receivable. Note: = journal entry has been entered 2. Prepare journal entries to record tax for 207,208, and 209. Assume that the loss carryforward usage in 208 is not considered to be probable but is considered to be probable in 20X9. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 1 Record entry for current and deferred income tax expense payable. 2 Record entry for current and deferred income tax benefit receivable. 3 Record entry for current and deferred income tax expense payable. 4 Record entry for current income tax benefit recoverable. Credit Note: = journal entry has been entered On 1 January 207, Change Incorporated commenced business operations. At 31 December 209, the following information relates to Chang: Required: 1. Prepare journal entries to record tax for 207,208, and 209. Assume that the loss carryforward usage in 208 is considered to be probable. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) 2. Prepare journal entries to record tax for 207,208, and 209. Assume that the loss carryforward usage in 208 is not considered to be probable but is considered to be probable in 209. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)