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The following information is for Hulk Gyms' first yeat of operations. Amiounts are in milions of dollars. The enacted. tax rate is.25% Required: Prepare a

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The following information is for Hulk Gyms' first yeat of operations. Amiounts are in milions of dollars. The enacted. tax rate is.25\% Required: Prepare a compound journal entry to record the income tax expense for the year 2021. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field. Enter your answers in millions, (for example, 10 rather than 10,000,000.) Journal entry worksheet Record the income taxes. Note: Enter debits before credits

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