The DeVille Company reported pretax accounting income on its income statement as follows:

2016	$	385,000
2017		305,000
2018		375,000
2019		415,000

Included in the income of 2016 was an installment sale of property in the amount of $42,000. However, for tax purposes, DeVille reported the income in the year cash was collected. Cash collected on the installment sale was $16,800 in 2017, $21,000 in 2018, and $4,200 in 2019.

Included in the 2018 income was $17,000 interest from investments in municipal bonds.

The enacted tax rate for 2016 and 2017 was 30%, but during 2017 new tax legislation was passed reducing the tax rate to 25% for the years 2018 and beyond.

Required:

Prepare the year-end journal entries to record income taxes for the years 20162019. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Journal entries

1. Record 2016 income taxes.

2. Record 2017 income taxes.

3. Record 2018 income taxes.

4. Record 2019 income taxes.