Orange & Blue Manufacturing reported pretax accounting income in 2018, 2019, and 2020 of $100 million, $110 million, and $110 million. . The 2018 income statement includes a $40 million warranty expense that is deducted for tax purposes when paid in 2019 ($15 million) and 2020 ($25 million). Orange & Blue purchased $12 million of equipment in early January of 2018. Orange & Blue estimates the equipment has a useful life of three years, so it depreciates the equipment straight line ($4 million per year) for financial reporting purposes. Tax rules allow Orange & Blue to record a deduction for the cost of the equipment ($12 million) on its 2018 tax return. The 2018 and 2019 income statements include interest from municipal bonds of $2 million and $4 million. The enacted tax rate is 40% in 2018 and 2019, but decreases to 30% in 2020. This tax rate change is known (enacted) during 2018. A. What is taxable income for 2018, 2019 and 2020? B. Prepare the tax journal entries for 2018, 2019 and 2020. Please round your calculations to one decimal point