The following information is for Rodney Inc., first year of operations. The amounts are in millions of dollars. - Accounting income for current year $77,500 - On December 31st of the first year Rodney received a rent payment to their tenant in the amount of $16,500. The payment represented 3 years advance payments of rent. - Accounting income in Year 2 was $81,250. - The enacted tax rate for Year 1 and Year 2 was 21% and the enacted tax rate for all subsequent years is 27%. 1A. What is Taxable Income in Year 2 ? 1B. Prepare the journal entry to record income tax expense for Year 2. 1C. What is the amount net income reported on the income statement for Year 2