Question 2 (9 points) Saved Zelda Corporation reported the following for the year ending December 31, 2020: Accounting income (loss) before tax $(70,000) Depreciation expense 35,000 CCA (maximum available claim) I 55,000 The tax rate for Zelda is 25% for all years. In the previous three years, Zelda has reported taxable income of $50,000 for the three years combined. The company has a deferred tax asset related to the capital assets at December 31, 2019 of $8,500. Zelda claims the maximum CCA each year. The capital assets have a net book value of $425,000 and UCC of $375,000 at December 31, 2020 (after current year depreciation and CCA has been deducted). Required: Prepare income tax entries for 2020 assuming management has assessed that use of the loss carryforwards is probable