The pretax financial income $($or loss$)$ figures for Splish Brothers Company are as follows.

$2022,$$$83,000$

$2023,(53,000)$

$2024,(36,000)$

$2025,115,000$

$2026,104,000$

Pretax financial income $($or loss$)$ and taxable income $($loss$)$ were the same for all years involved. Assume a $20\%$ tax rate for all years.

Prepare the joumal entries for the years $2022$ to $2026$ to record income tax expense and the effects of the net operating loss

carryforwards. All income and losses relate to normal operations. $($In recording the benefits of a loss carryforward, assume that no

valuation account is deemed necessary.$)($List all debit entries before credit entries. Credit account titles are automatically indented when

amount is entered. Do not indent manually. If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Record

journal entries in the order presented in the problem.$)$

Account Titles and Explanation

Debit

${2022}_{?}$

Credit

Credit

${2023}_{?}$

${2024}_{?}$

${2025}_{?}$

${2026}_{?}$