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S & C Company reported income before taxes of $111,000 for the years 2020,2021 , and 2022 . In 2023 they experienced a loss of

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S \& C Company reported income before taxes of $111,000 for the years 2020,2021 , and 2022 . In 2023 they experienced a loss of $222,000. S \& C had a tax rate of 30% in 2020 and 2021 , and a rate of 40% is 2022 and 2023. The company elects to carry back the loss. What is the necessary journal entry to record the NOL carryback in the year of the loss

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