Violet Corporation reported a loss in 2018 of 5630,000. The company reported taxable income of $189,000 in 2016 and 5205,000 in 2017. It has no permanent or temporary differences and its tax rate is 30% If Violet Corporation carries back and forward the loss from 2018 to appropriate years, what is the necessary Journal entry for 20187 118.200 118,200 189,000 O A. Income Tax Refund Receivable Deferred Tax Asset O B. Deferred Tax Asset Income Tax Benefit O C. Income Tax Refund Receivable Income Tax Payable Deferred Tax Asset 189,000 189,000 118,200 70.800 OD. Income Tax Refund Receivable Deferred Tax Asset 118,200 70,800 189.000 Violet Corporation reported a loss in 2018 of 5630,000. The company reported taxable income of $189,000 in 2016 and 5205,000 in 2017. It has no permanent or temporary differences and its tax rate is 30% If Violet Corporation carries back and forward the loss from 2018 to appropriate years, what is the necessary Journal entry for 20187 118.200 118,200 189,000 O A. Income Tax Refund Receivable Deferred Tax Asset O B. Deferred Tax Asset Income Tax Benefit O C. Income Tax Refund Receivable Income Tax Payable Deferred Tax Asset 189,000 189,000 118,200 70.800 OD. Income Tax Refund Receivable Deferred Tax Asset 118,200 70,800 189.000