Please complete all c,d,e.

During 2017 Steve Holt reports pre-tax financial income of $2,000,000. Steve Holt determines that: $200,000 of financial revenue will not be taxable until future years $700,000 of financial expenses will not be tax deductible until future years Steve Holt's enacted tax rate in the current period and thereafter is 40%. Steve Holt determines that it is 'more likely than not' that the company will never realize the benefits of any deferred tax assets. What journal entry should Steve Holt record for taxes for the year ended 12/31/2017? 12/31/17 The following information pertains to Kitty Sanchez Company: Year 2013 2014 2015 2016 Taxable Income (LossTax Rate Taxes Paid S15,000 80,000 40,000 50,000 200,000 100,000 (400,000) 30% 40% 40% 40% Kitty Sanchez expects future income to take advantage of carryforwards. Future tax rates are 45% Record all necessary journal entries on 12/31/16 if the NOL is carried back. 12/31/16 Kitty Sanchez reports taxable income (before carryforwards) of S150,000 in 2017 What (if anything) will be credited to income taxes payable in the tax entry on 12/31/2017