Problem 19B-2 (Part Level Submission) The pretax financial income of Vaughn Company differs from its taxable income throughout each of 4 years as follows. Pretax Financial Income Taxable Income Tax Rate 35 % 40% 40% 40 % Year 2017 2018 2019 2020 $300,000 342,000 355,000 452,000 $196,000 248,000 278,000 540,000 Pretax financial income for each year includes a nondeductible expense of $31,100 (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 2017 (a) 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 Debit Credit 2017