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Please take a look into the blanks provided. The one posted has written answers incorrectly. There are 2 blanks in each line, please write accordingly. It is clearly visible. Please try to look into this ASAP. I urgently need help.

In 2023, Novak Inc. reported pretax accounting income of $129,100. In 2024, the company had a pretax accounting income of $57,100. In 2025 , the company had pretax losses of $205,800. The following year, the company's pretax accounting income was $169,600. Income for tax purposes was the same as for accounting for all years. Novak's tax rate was 25% for 2023 and 2024,28% for 2025 and 26% for 2026 and subsequent years. The tax rates were all enacted by the beginning of 2023 . Prepare the journal entries for the years 2023 to 2026 to record income taxes. Assume that Novak's policy is to carry back any tax losses first, and that at the end of 2025, the loss carryforward benefits are judged more likely than not to be realized in the future. Novak follows IFRS. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Record journal entries in the order presented in the problem. List all debit entries before credit entries.) Date Account Titles and Explanation Debit Credit 2023 2024 2025 (To record benefit from loss carryback) 2025 (To record deferred tax benefit from loss carryforward) (To record deferred tax benefit from loss carryforward) 2026 (To record deferred tax expense) 2026 1 (To record current tax expense)

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