Problem \#4 NOL Carrybacks and Carryforwards The Red Truck Company reported the following taxable and financial income: Red Truck chose to carryback and carryforward the NOL incurred during 2021. (Please follow the NOL carryback and carryforward rules. While the Tax Cuts and Jobs Act eliminated carrybacks for NOLs for most firms, some remain exempt (e.g., farming related business). The tax rate for 2018-2021 is 40\%. During 2021, the enacted tax rate for 2022 and later became 35%. REQUIRED: Provide the journal entries for 2021-2023