Sweet Inc. reports the following pretax income (loss) for both financial reporting purposes and tax purposes. Sweet Inc. follows IFRS. Year 2020 2021 2022 2023 Accounting Income (Loss) $142,000 98,000 (300,000) 196,000 Tax Rate 18% 18% 16% 16% The tax rates were all enacted by the beginning of 2020. Prepare the journal entries for the years 2020 to 2023 to record income taxes, assuming the tax loss is first carried back and that at the end of each year, the loss carryforward benefits are judged more likely than not to be realized in the future. (Credit account titles are automatically indented when the 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. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 2020 Current Tax Expense 25560 Income Tax Payable 25560 2021 Current Tax Expense 17640 Income Tax Payable 17640 2022 Income Tax Receivable 43200 Current Tax Benefit 43200 (To record benefit from loss carryback.) Deferred Tax Asset Deferred Tax Benefit (To record deferred tax benefit from loss carryforward.) 2023 Current Tax Expense Income Tax Payable (To record current tax expense.) Deferred Tax Expense Deferred Tax Asset (To record deferred tax expense.) Prepare the journal entries for 2022 and 2023 assuming that, based on the weight of available evidence, it is more likely than not that only 80% of the carryforward benefits will be realized (20% not expected to be realized). A valuation allowance account is not used by the company. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit 20224 Income Tax Receivable Current Tax Benefit (To record benefit from loss carryback.) Deferred Tax Asset Deferred Tax Benefit (To record deferred tax benefit from loss carryforward.) 20234 Current Tax Expense Income Tax Payable (To record current tax expense.) Deferred Tax Expense Deferred Tax Asset (To record deferred tax expense.)