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The Deville Company reported pretax accounting income on its income statement as follows: 310,000 po Included in the income of 2018 was an installment sale

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The Deville Company reported pretax accounting income on its income statement as follows: 310,000 po Included in the income of 2018 was an installment sale of property in the amount of $14,000. However, for tax purposes, Deville reported the income in the year cash was collected. Cash collected on the installment sale was $17.600 in 2019, $22,000 in 2020, and $4,400 in 2021. Included in the 2020 income was $18,000 interest from Investments in municipal bonds. The enacted tax rate for 2018 and 2019 was 30%, but during 2019 new tax legislation was passed reducing the tax rate to 25% for the years 2020 and beyond. Required: Prepare the year-end journal entries to record income taxes for the years 2018-2021. (if no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry work

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