The following information is available for the first four years of operations for Cooper Company: 1. Year Taxable Income 2010 $500,000 2011 330,000 2012 400,000 2013 410,000 2. For 2010, sales on account were $350,00 and cash collections were $300,000 3. On January 1, 2011 heavy equipment costing $600,000 was purchased. The equipment had a life of 4 years and no salvage value. The straight-line method of depreciation is used for book purposes and the tax depreciation taken each year is listed below: Tax Depreciation 2011 2012 2013 Total $198,000 $270,000 $132,000 $600,000 3. On January 1, 2011, $240,000 was collected in advance for rental of a building for a three- year period. The entire $240,000 was reported as taxable income in 2011, but $160,000 of the $240,000 was reported as unearned revenue at December 31, 2011 for book purposes. Services related to the $160,000 were completed in 2012. 4. For 2011, sales on account were $500,00 and cash collections were $510,000. 5. For 2012, sales on account were $600,00 and cash collections were $580,000. 6. For 2013, sales on account ere $580,00 and cash collections were $570,000. 7. For all years, temporary differences related to A/R are expected to reverse out within a year. 8. The enacted tax rates are 40% for 2011-2013 and 35% for 2010. Required For 2010 - 2013 determine book income, the balance in the deferred tax accounts, and prepare the journal entry for taxes