Steep Company bought equipment on January 1,2020 . for $6,000,000. The equipment has an estimated 6-year life with no salvage value. Steep has a tax rate of 25%. The straight-line method of depreciation is being used for GAAP income and the following MACRS depreciation amounts will be deducted for tax purposes: If depreciation was Steep's only expense and Steep has $2.000.000 in revenue for both book and tax purposes for each year record the tax related journal entry for each of the following years: 2020: 2021: 2022: 2023