Alsup Consulting sometimes performs services for which it receives payment at the conclusion of the engagement, up to six months after services commence. Alsup recognizes service revenue for financial reporting purposes when the services are performed. For tax purposes, revenue is reported when fees are collected. Service revenue, collections, and pretax accounting income for 2020-2023 are as follows: 2920 2821 2922 Service Revenue $676,690 766, eae 726,90 732,90 Collections $636,098 794,000 718,000 736, ese Pretax Accounting Income $292,800 276,080 244,880 216,080 2023 There are no differences between accounting income and taxable income other than the temporary difference described above. The enacted tax rate for each year is 25%. (Hint: You will find it helpful to prepare a schedule that shows the balances in service revenue receivable at December 31, 2020- 2023.) Required: 1. to 3. Prepare the appropriate journal entries to record Alsup's 2021 income taxes, 2022 income taxes and 2023 income taxes. (If no entry is required for a transaction/event, select "No journal entry required" In the first account fleld. Enter your answers in thousands (e.g. 150,000 should be entered as 150).) No Event Debit Credit Answer is complete but not entirely correct. General Journal Income tax expense Deferred tax liability Income taxes payable 1 1 51 X 7 58 2 2 69 X Income tax expense Deferred tax liability 000 OOO 000 2 IX Income taxes payable 87 X 3 3 54 Income tax expense Deferred tax liability Income taxes payable 1 55