Sunland Company purchased equipment for $300,000 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. Pretax financial income and taxable income are as follows: 2020 2021 2022 Pretax financial income $217,000 $257,000 $297,000 Taxable income 191,000 257,000 323,000 The temporary difference between pretax financial income and taxable income is due to the use of accelerated depreciation for tax purposes. Prepare the journal entries to record income taxes for all three years (expense, deferrals, and liabilities) assuming that the enacted tax rate applicable to all three years is 20%. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter o for the amounts.) Debit Date Account Titles and Explanation 2020 Credit ho udy 2021 2022