Tamarisk Corporation had the following tax information. Year Taxable income Tax Rate Taxes Paid 2018 $ 354,000 35 % $ 123,900 2019 383,500 30 115,050 2020 472,000 30 141,600 In 2021, Tamarisk suffered a net operating loss of $ 566,400, which it elected to carryback. The 2021 enacted tax rate is 29%. Prepare Tamarisk's entry to record the effect of the loss carryback. (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.)