Please fill out this excel template for $2025$ and then also $2026($shift everything over to the left for that one$).$ Eli Wallace had the following information for it$$s first $2$ years of business. $$ Eli$$s tax rate will be $10\%$ for both years. $$

$2025$: During $2025,$ its first year of operations, Eli$-$Wallace Distributors reported the following: $1.$ Pre$-$tax income of $$700,000.2.$ Installment sales of $$900,000$ collection will be in $2026($$$400,000)$ and $2027($$$500,000).3.$ Warranty expense for the year was $700,000.$ Actual warranty costs are $400,000$ in $2026$ and $300,000$ in $20274.$ Premiums on life insurance of key officers were $9,0005.$ Wallace purchased $$100,000$ in equipment; it will be depreciated using a straight line over $5$ years for book purposes, and depreciation for tax purposes will be $35,000,26,000,19,000,11,000,$ and $9,000.6.$ Eli received customer deposits of $70,000,$ at the end of the year $15,000$ remained unearned. $$

$2026$: During $2026$ Wallace reported the following: $1.$ Pre$-$tax income of $950,0002.$ Wallace incurred a $100,000$ loss contingency. The loss is expected to be paid in $2027.3.$ On July $1$st$,$ Wallace purchased $3$ years of liability insurance for $$60,000.4.$ Wallace purchased $200,000$ in equipment; it will be depreciated using straight line over $4$ years for book purposes and straight line using the $(1)/(2)$ year convention for tax purposes. $5.$ Municipal bond interest of $10,000$ was earned. $$ Required. Prepare timelines for all temporary differences. For $2025$ and $2026$ complete the following $$

DT worksheets $$

$$ DT journal entry $$

$$ Income Statement Presentation $$

Balance Sheet Presentation.