The following information is available for the first three years of person for Con Taxable income Company $500,000 375,000 400,000 no salvage value. The w ine method of de On January 2, 2000. Pavywuipment costing 100.000 was purchased them taken each year is listed below Tax Docciation 2020 2021 2022 2023 Total $264,000 $360,000 $120,000 $56.000 5800,000 income 2001 .000 the 3. On J uary 2 2021, $300,000 was collected in advance for rent of a building for a three year period. The entire $300,000 was reported revenue at December 31, 2021 for book purposes 4. The ansacted tax rates are 20% for all years Instructions Prepare the journal entry to record income tax expense, deferred income taxes, and income tax payable for 2000, 2021 2022