The accounting income (loss) and related tax rates during the years 2016 to 2022 follows:

Year	Accounting income (loss)	Tax Rate
2016	$210,000	20%
2017	75,000	20%
2018	180,000	20%
2019	240,000	30%
2020	(615,000)	35%
2021	210,000	30%
2022	270,000	25%

Accounting income (loss) and taxable income (loss) were the same for all years since the company began. The tax rates from 2019 to 2022 were enacted in 2019.

1. Prepare the journal entries for the years 2020 to 2022 to record income taxes, assuming the company uses the carry back provision where possible but is uncertain if it will realize the benefits of any loss carry forward in the future. (Ignore valuation account method under ASPE).