The pretax financial income (or loss) figures for Larkspur Company are as follows. 2017 86,000 2018 (40,000) 2019 (35,000) 2020 114,000 2021 102,000 Pretax financial income (or loss) and taxable income (loss) were the same for all years involved. Assume a 25% tax rate for 2017 and a 20% tax rate for the remaining years. Prepare the journal entries for the years 2017 to 2021 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.) (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 O for the amounts.) 2017 Income Tax Expense 21500 Income Tax Payable 21500 2018 Benefit Due to Loss Carryback 8000 Income Tax Refund Receivable 8000 2019 Benefit Due to Loss Carryback 7000 Income Tax Refund Receivable 7000 2020 2021 Income Tax Expense 20400 Deferred Tax Asset 20400