Gretta Corp. was formed in 2019. Accounting and tax information for its first three years of operations follows:

The change in tax rates was not enacted until the year of the tax change. That is to say that in 2019, Gretta Corp. did not know that the tax rate in 2020 would be 40%; in 2020, it did not know that the tax rate in 2021 would be 35%.

Required:

Prepare all journal entries related to income taxes for Gretta Corp. from 2019 to 2021.

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Accounting income before taxes Tax rate Dividend income from Canadian corporations Depreciation on PPE-original cost $250,000 Capital cost allowance Pension expense Payments to pension trustee Warranty expense Warranty costs 2019 $150,000 30% 3,000 25,000 50,000 25,000 20,000 6,000 4,000 2020 $225,000 40% 2,000 25,000 40,000 18,000 20,000 5,000 3,000 2021 $310,000 35% 4,000 25,000 30,000 22,000 20,000 4,000 5,000