Problem 19-2 The pretax financial income of Novak Company differs from its taxable income throughout each of 4 years as follows Pretax Financial Income Taxable Income Year 2017 2018 2019 2020 $266,000 337,000 374,000 407,000 $193,000 247,000 279,000 528,000 Tax Rate 35 % 40% 40 % 40% Pretax financial income for each year includes a nondeductible expense of $29,200 (never deductible for tax purposes). 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 20127 Prepare journal entries to record income taxes in all 4 years. Assume that the change in the tax rate to 40% was not enacted until the beginning of 2018, (Credit account titles are automatically indented when 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.) Date Account Titles and Explanation 2017 Debit Credit 2018