The pretax financial income (or loss) figures for Vaughn Company are as follows. 2017 77.000 2018 (49,000) 2019 (44,000) 2020 125,000 2021 95,000 Pretax financial income (or loss) and taxable income (loss) were the same for 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 for the amounts.) Account Titles and Explanation Debit Credit 2017 Income Tax Expense Income Tax Payable 2018 Deferred Tax Asset 9800 9800 2019 8800 8800 2020 Income Tax Expense 25000 Deferred Tax Asset 2021 Income Tax Expense