Problem 19-05 a, c-d Tamarisk Inc. reported the following pretax income (loss) and related tax rates during the years 2019-2022. 2019 2020 2021 Pretax Income (los) $88,000 (198,000) 220,000 110,000 Tax Rate 40% 40% 000 200 2022 Pretax financial income (loss) and taxable income (loss) were the same for all years since Tamarisk began business. The tax rates from 2019-2022 were enacted in 2019. Your answer is partially correct. Try again. Prepare the journal entries for the years 2020-2022 to record income taxes payable (refundable), income tax expense (benefit), and the tax effects of the loss carryforward. Assume that Tamarisk expects to realize the benefits of any loss carryforward in the year that immediately follows the loss year. (Credit the account titles and enter o for the amounts.) Debit Credit Date Account Titles and Explanation 2020 Income Tax Expense 79,200 Income Tax Payable 2021 Income Tax Expense Income Tax Payable 35,200 Deferred Tax Lability 79 200 2022 Income Tax Expense 22,000 Income Tax Expense T 22,000 SHOW LIST OF ACCOUNTS LINK TO TEXT Your answer is partially correct. Try again. Prepare the portion of the income statement, starting with "Operating loss before income taxes," for 2020. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Tamarisk Inc. Income Statement (Partial) For the Year Ended December 31, 2020 7 Operating Loss before Income Taxes 7 L Income Tax Expense - Deferred SHOW LIST OF ACCOUNTS LINK TO TEXT Your answer is partially correct. Try again. Prepare the portion of the income statement, starting with "Income before income taxes," for 2021. (Enter negative amounts using either a negative sign preceding the number e.g.-45 or parentheses e.g. (45).) Tamarisk Inc. Income Statement (Partial) For the Year Ended December 31, 2021 Income before Income Taxes 198,000 Click if you would like to Show Work for this question: Open Show Work