Whispering WindsCorporation purchased equipment very late in 2020. Based on generous capital cost allowance rates provided in the Income Tax Act,Whispering WindsCorporation claimed CCA on its 2020 tax return but did not record any depreciationbecausethe equipment was being tested. This temporary difference will reverse and cause taxable amounts of $35,100in 2021, $36,300in 2022, and $44,300in 2023.Whispering Winds's accounting income for 2020 is $249,400and $209,400in each of 2021 and 2022, and the tax rate is30% for all years. There are no deferred tax accounts at the beginning of 2020.

1-Calculate the deferred tax balances at December 31, 2021 and 2022.

2-Calculate taxable income and income tax payable for 2021 and 2022.

3-Prepare the journal entries to record income taxes for 2021 and 2022.