Zekany Corporation would have had identical income before taxes on both its income tax returns and income statements for the years 2021 through 2024 except for differences in depreciation on an operational asset. The asset cost $300,000 and is depreciated for income tax purposes in the following amounts: 2021 2022 2023 2024 $ 99,000 132,000 45,000 24,000 The operational asset has a four-year life and no residual value. The straight-line method is used for financial reporting purposes. Income amounts before depreciation expense and income taxes for each of the four years were as follows: Accounting income before taxes and depreciation 2023 2024 2021. 2022 $160,000 $180,000 $170,000 $170,000 Assume the income tax rate for 2021 and 2022 was 30%; however, during 2022, tax legislation was passed to raise the tax rate to 40% beginning in 2023. The 40% rate remained in effect through the years 2023 and 2024. Both the accounting and income tax periods end December 31. Required: Prepare the journal entries to record income taxes for the years 2021 through 2024. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. No 1 Date Dec 31, 2021 General Journal Debit Credit Income tax expense Deferred tax liability Income tax payable 000 22,500 7.200 18,300 2 Dec 31, 2022 Income tax expense 31,500 Required: Prepare the journal entries to record income taxes for the years 2021, through 2024. (If no entry is required for a tram select "No journal entry required" in the first account field.) Answer is complete but not entirely correct. No Date General Journal 1 Dec 31, 2021 Income tax expense Deferred tax liability Income tax payable 2 Dec 31, 2022 Income tax expense Deferred tax liability C Income tax payable 3 Dec 31, 2023 Income tax expense Deferred tax liability Income tax payable Debit Credit 22,500 7,200 18,300 31,500 17,100 14,400 46,100 3,900 50,000 4 Dec 31, 2024 Income tax expense 38,000 Deferred tax liability 20.400 Income tax payable 58,400