Problem 16-1 (Algo) Single temporary difference originates each year for four years [LO16-2] Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2023-2026 are as follows: Service Revenue Collections 2023 2024 2025 $ 720,000 $ 680,000 810,000 838,000 770,000 2026 776,000 762,000 780,000 Pretax Accounting Income $ 246,000 320,000 288,000 260,000 There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25%. (Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2023- 2026.) Required: " 1. to 3. Prepare the appropriate journal entries to record Alsup's 2024 income taxes. 2025 income taxes, and 2026 income taxes. Note: If no entry is required for a transaction/event, select in the first account field. Enter your answers in whole dollars.