Partially correct answer. Your answer is partially correct. Try again. The pretax financial income (or loss) figures for Riverbed Company are as follows. 2015 $160,000 2016 248,000 2017 77,000 2018 (160,000 ) 2019 (395,000 ) 2020 122,000 2021 90,000 Pretax financial income (or loss) and taxable income (loss) were the same for all years involved. Assume a 25% tax rate for 2015 and 2016 and a 20% tax rate for the remaining years. Prepare the journal entries for the years 2017 to 2021 to record income tax expense and the effects of the net operating loss carryforwards. All income and losses relate to normal operations. (In recording the benefits of a loss carryforward, assume that no valuation account is deemed necessary.)