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Record 2021 income taxes. Record 2022 income taxes. Record 2023 income taxes. Record 2024 income taxes. The DeVille Company reported pretax accounting income on Its

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Record 2021 income taxes.
Record 2022 income taxes.
Record 2023 income taxes.
Record 2024 income taxes.
The DeVille Company reported pretax accounting income on Its Income statement as follows: 2021 2022 2023 2024 $435,000 355,000 425,000 465.000 ncluded in the income of 2021 was an installment sale of property in the amount of $64,000. However, for tax purposes, Deville reported the income in the year cash was collected. Cash collected on the installment sale was $25,600 in 2022. $32,000 in 2023, and $6,400 in 2024 ncluded in the 2023 income was $27,000 Interest from investments in municipal governmental bonds. The enacted tax rate for 2021 and 2022 was 40%, but during 2022, new tax legislation was passed reducing the tox rate to 25% for he years 2023 and beyond. Required: Prepare the year-end Journal entries to record income taxes for the years 2021-2024.cf no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

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