The information that follows pertains to Richards Refrigeration, Inc.: a. At December 31, 2018, temporary differences existed between the financial statement carrying amounts and the tax bases of the following: Carrying Amount $158 ($ in millions) Future Taxable Tax (Deductible) Basis Amount $189 $ 49 Ask Buildings and equipment (net of accumulated depreciation) Prepaid insurance Liability-loss contingency (44) ences b. No temporary differences existed at the beginning of 2018. c. Pretax accounting income was $219 million and taxable income was $145/million for the year ended December 31, 2018. The tax rate is 40%. Required: 1. Complete the following table given below and prepare the appropriate journal entry to record income taxes for 2018 2. What is the 2018 net income? Complete this question by entering your answers in the tabs below