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

2016	$	395,000
2017		315,000
2018		385,000
2019		425,000

Included in the income of 2016 was an installment sale of property in the amount of $46,000. However, for tax purposes, DeVille reported the income in the year cash was collected. Cash collected on the installment sale was $18,400 in 2017, $23,000 in 2018, and $4,600 in 2019.

Included in the 2018 income was $19,000 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.