The records for Bosch Co. show this data for 2018: Gross profit on instalilment sales recorded on the books was ss00,000. Gross profit from collections of in Life insurance on officers was $4,600 the books was $500,000. Gross profit from collections of Installment recelvables was $360,000. n s used and n nary for $s300,00, Srh-o over a ten-yer life no salvege valua) s used. For tax purposes, MACRS Interest recelved on tax exempt lowa State bonds was $9,800. . The estimated warranty liablity related to 2018 sales was $22,400. Repair costs under warranties during 2018 were s14,400. The remainder will be incurred in 2019 Pretax financial income is $680,000. The tax rate is 30%. Prepare a schedule starting with pretax financial income and compute taxable income. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Schedule of Pretax Financial Income and Taxable Income for 2018 CALCULATOR BACK Prepare the journal entry to record income taxes for 2018. (Credit account titles are automatically indented when amount is entered. Do not ind manually Account Titles and Explanation Debit Credit Click if you would like to Show Work for this question: Open Show Wock