On January 1, 2018, Ameen Company purchased major pleces of manufacturing equipment for a total of $162 million. Ameen uses straight-line depreciation for financlal 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 $135 million. At December 31,2021 , the book value of the equipment was $126 million. There were no other temporary differences and no permanent differences. Pretax accounting income for 2021 was $216 million. Requlred: 1. Prepare the approprlate journal entry to record Ameen's 2021 Income taxes. Assume an Income tax rate of 20%. 2. What is Ameen's 2021 net Income? Complete this question by entering your answers in the tabs below. Prepare the appropriate journal entry to record Ameen's 2021 income taxes. Assume an income tax rate of 20%. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions rounded to 1 decimal place (i.e., 10,100,000 should be entered as 10.1).)