Petrilli Ltd$.$ had a taxable loss of $$3,600,000$ in $20$X$8$ and a further loss of $$140,000$ in $20$X$9.$ The tax rate in $20$X$8$ was $32\%$ and in $20$X$9,33\%.$ All rates are enacted in the year to which they pertain. In the three years before the losses, the company had the following taxable income and tax rates:

$20$X$520$X$620$X$7$

Taxable income $ $1,267,200$ $ $1,368,000$ $ $488,400$

Tax rate $36\%38\%40\%$

There are no temporary differences other than those created by income tax losses. The company was struggling due to a competitor entering the market$\mathrm{.}4.$ Assuming that loss carryforward usage is not probable in each year, prepare a journal entry for income tax in $20$X$8$ and $20$X$9.($If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.$)$

Record the entry in loss year $20$X$8$ when the provision is not met.Record the entry in loss year $20$X$9$ when the provision is not met.