Pretax financial income for each year includes a nondeductible expense of $29,100 (ntver deductible for taxpurposes). The remainder of the difference between pretax financial income and taxable income in each period is due to one depreciation temporary difference. No deferred income taxes existed at the beginning of 2020 . (a) 27 Vour answer is partially correct. Prepare journal entries to record income taxes in all 4 years. Assume that the change in the tax rate to 20% was not enacted until required, select 'No Entry' for the account titles and enter Ofor the amountsy. 2020 Income Tax Expense: Income Tax Payable Deferred Tax Liability 2021 Deferred Tax Liability Income Tax Expense (To record the adjustment for the decrease in the enacted tax rate.) Income Tax Expense Income Tax Payable Deferred Tax Liability (To record income taxes for 2021.) 2022 Income Tax Expense: Income Tax Payable Deferred Tax Liability 2023 Income Tax Expense Deferred TaxLliability