Question 23 12 pts Problem 23 (12 points): Julien Company purchased equipment on January 2, 2020, its first day of operations. For book purposes, the equipment will be depreciated using the straight-line method over three years with no salvage value. The company will take an additional $30,000 in depreciation for taxes purposes in 2020 that reverses evenly over the next two years. The enacted tax rates are 30 percent for 2020, 25 percent for 2021, and 20 percent for 2022. Pretax financial income is as follows: Pre-tax Financial (GAAP) Income for Each Year 2020 $222,000 2021 $280,000 2022 $310,000 What should the company report as income tax expense for 2020, 2021, and 2022? Show the journal entries.