Pronghorn Inc. reports the following pretax income (loss) for both book and tax purposes. (Assume the carryback provision is used where possible for a net operating loss.) Pretax Income (Loss) Year 2015 2016 2017 2018 $120,000 97,000 (287,000) 125,000 Tax Rate 40 % 40% 45% 45 % The tax rates listed were all enacted by the beginning of 2015 (a) Prepare the journal entries for years 2015-2018 to record income tax expense (benefit) and income taxes payable (refundable), and the tax effects of the loss carryback and loss carryforward will not be realized. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required Date Account Titles and Explanation Debit Credit 2015 Income Tax Expense 48000 Income Tax Payable 48000 2016 Income Tax Expense 38800 Income Tax Payable 38800 2017 Income Tax Refund Receivable Deferred Tax Asset Benefit Due to Loss Carryback Benefit Due to Loss Carryforward (To record refund.) Benefit Due to Loss Carryback Allowance to Reduce Deferred Tax Asset to Expected Realizabl (To record allowance.) 2018 Income Tax Expense Deferred Tax Asset Income Tax Payable (To record income taxes.) llowance to Reduce Deferred Tax Asset to Expected Realizabl Benefit Due to Loss Carryforward (To adjust allowance.)