On January 1, 2018, Ameen Company purchased major pieces of manufacturing equipment for a total of $72 milion. Ameen uses straight-Jine depreciation for financial statement reporting and deducted 100% of the equipment's cost for income tax reporting in 2018. At December 31. 2020, the book value of the equipment was $60 milion. At December 31. 2021, the book value of the equipment was $56 million. There were no other temporary differences and no permanent differences. Pretax accounting income for 2021 was $112 mallion. Required: 1. Prepare the appropriate journal entry to record Ameen's 2021 income taves. Assume an income tax rate of 25% 2 What is Ameen's 2021 net income? Complete this question by entering your answers in the tabs below. What is Ameen's 2021 net income? (Enter your anowers in millions rounded to 1 dedinal place (hietif to, 100,000 should be entered as 16.1)