The 2) Big Surprise Inc. (BSI) showed earnings before income tax of $160,000 in 2021 and $168,000 2020. BSI is subject to an income tax rate of 35 percent. The taxable income shown on the tax returns is $172,000 in 2021 and $164,000 in 2020. Required (12 marks): a) Prepare all the journal entries for 2020 and 2021 related to income taxes assuming that income taxes are fully paid in the following year. b) Clearly state if there is a deferred tax asset or deferred tax liability in each year and explain why